618 Abels WAY, Canyon Lake TX 78133

After reviewing 7 recent transactions in 78133, I estimate this property's value at $753,205. A competitive list price for this home right now would fall in the $731,000 to $776,000 range. Buyers shopping in 78133 right now would see this as a well positioned option among 1 comparable homes. The 255 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (5.05 acres versus the area average of 3.59) contributes to the valuation. 1 similar homes are currently available in 78133, creating a buyer's market for this price range. Prices in 78133 have fallen 7.6% over the last 6 months. A similar home at 2730 Ponderosa DR, New Braunfels TX 78132 carries an adjusted comparable value of $1,527,660, providing a strong data point. 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