510 Valley HVN, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $249,754. I'd recommend coming to market at $257,000 to $270,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78133, this price point stands out as competitive. The smaller floor plan (629 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1977, this home is 19 years older than the average comp, which is reflected in the adjustments. The trend in 78133 shows prices have fallen 7.4% in the past 6 months. 2442 Candlelight DR, Canyon Lake TX 78133 nearby adjusts to $221,371; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group