620 Cannan RD, Canyon Lake TX 78133

The estimated value of this property is $635,573, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $843,000 and $885,000. With 4 comparable homes on the market in 78133, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. At 801 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1962, this home is 33 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in 78133, creating a buyer's market for this price range. Recent trends in 78133 show home values have risen 0% since 6 months ago. The most comparable recent sale is 4105 Summit Hurst, New Braunfels TX 78132, with an adjusted value of $508,590; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group