537 Lake FRST, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $248,191 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $295,000 to $328,000. This home's position in the current 78133 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The 321 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2022 (21 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. Market data shows 78133 prices fallen 12.3% over the last half year. The closest comparable sale, 141 Scenic DR, Canyon Lake TX 78133 at an adjusted $265,592, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78133. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group