618 Mountain Oaks DR, Canyon Lake TX 78133

Reviewing the most recent comparable transactions, this home's market value falls around $866,039. For a well positioned listing in 78133, I'd target the $491,000 to $501,000 range. In the current 78133 market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. This home's larger footprint (140 sqft vs the comp average) plays a role in how the market prices it. At 1.04 acres, the lot is smaller than the 1.45 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in 78133, ranging from $449,000 to $1,299,900. Recent trends in 78133 show home values have fallen 15.1% since 6 months ago. The most comparable recent sale is 382 Kings Crown, Canyon Lake TX 78133, with an adjusted value of $755,307; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group