544 Lake Forest, Canyon Lake TX 78133

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $338,930. I'd recommend coming to market at $393,000 to $405,000 to strike the right balance between value and market velocity. In the current 78133 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1969, this home is 25 years older than the average comp, which is reflected in the adjustments. Buyers in 78133 have 7 comparable options right now, with asking prices between $299,500 and $649,885. The trend in 78133 shows prices have fallen 12.3% in the past 6 months. 1647 Westview Court DR, Canyon Lake TX 78133 nearby adjusts to $345,216; with a smaller floor plan. 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