617 Cindy DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $396,951. To sell within a reasonable timeframe at fair market value, the $625,000 to $667,000 range is where I'd position this. 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 (216 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1971 construction puts this home 20 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78133; a buyer's market based on recent absorption. In 78133, home values have risen approximately 11.1% over the past 6 months. One of the strongest data points is 1530 Trailridge DR, Canyon Lake TX 78133, adjusting to $344,850; with a smaller floor plan. 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