501 Stenen DR, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $310,588. For a well positioned listing in 78133, I'd target the $301,000 to $320,000 range. In the current 78133 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 486 sqft smaller than the typical comp, the size difference factors into the valuation. The 2010 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have risen 13.4% since 6 months ago. The most comparable recent sale is 1118 Lonesome, Canyon Lake TX 78133, with an adjusted value of $252,280; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group