558 RED OAK WOODS, Canyon Lake TX 78133

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $253,830. Pricing this home between $305,000 and $309,000 would put it in the competitive sweet spot for OAKS. This home's position in the current OAKS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 2007 build date influences the valuation. The larger lot (0.47 acres versus the area average of 0.38) contributes to the valuation. 7 similar homes are currently available in OAKS, creating a buyer's market for this price range. Market data shows 78133 prices fallen 8.4% over the last half year. The closest comparable sale, 823 Trail Crest DR, Canyon Lake TX 78133 at an adjusted $147,758, is a strong comparable. With 7 comparable sales in OAKS, 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