577 Serene Woods CIR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $350,242. To generate strong buyer interest while maximizing value, I'd price this between $250,000 and $260,000. In the current 78133 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The smaller floor plan (131 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. Current inventory shows 2 comparable homes in 78133; a buyer's market based on recent absorption. The trend in 78133 shows prices have fallen 7.6% in the past 6 months. 5445 Chimney Rock, Canyon Lake TX 78133 nearby adjusts to $295,582; with no pool. 7 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