650 Hancock RD, Canyon Lake TX 78133

The estimated value of this property is $622,825, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $595,000 and $954,000. Against 1 similar active listings in 78133, this price point lands at below the only comparable home currently on the market. The 2,148 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 4 of 5 comparable homes not offering one. With 1 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. Recent trends in 78133 show home values have fallen 15.1% since 6 months ago. The most comparable recent sale is 16887 Fm 306, Canyon Lake TX 78133, with an adjusted value of $953,716; with a smaller floor plan. With 5 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