537 Compass Rose, Canyon Lake TX 78133

The market data from 5 similar recent sales in 78133 points to a value of approximately $446,594. To sell within a reasonable timeframe at fair market value, the $478,000 to $510,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in 78133. The larger floor plan (177 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.52 acres, the lot is smaller than the 0.63 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in 78133, listed between $409,000 and $535,000. In 78133, home values have risen approximately 4.6% over the past 6 months. One of the strongest data points is 1021 Pinon PASS, Fischer TX 78623, adjusting to $472,116; with a smaller floor plan. 5 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group