541 Canyon Circle DR, Canyon Lake TX 78133

My analysis of 7 comparable properties puts this home's estimated value at $555,701. Based on how the local market is moving, a list price between $479,000 and $489,000 would position this home well. Buyers shopping in 78133 right now would see this as a well positioned option among 3 comparable homes. The 478 sqft size difference versus comparable sales is reflected in the adjusted values. At 28 years older than typical comps, the 1984 build date influences the valuation. Current inventory shows 3 comparable homes in 78133; a buyer's market based on recent absorption. The 6 month price trend in 78133: fallen 12.3%. The best comp here is 837 Military DR, Canyon Lake TX 78133 at an adjusted value of $512,804, with a smaller floor plan. With 7 comparable sales in 78133, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group