651 Hillcrest FRST, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $262,374. I'd recommend coming to market at $325,000 to $345,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78133, this price point lands at the most affordable of 7 comparable homes on the market. The 0.18 acre lot (smaller than the 0.39 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have fallen 15.1% in the past 6 months. 823 Trail Crest DR, Canyon Lake TX 78133 nearby adjusts to $154,211; a strong comparable. Based on 7 relevant data points in 78133, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX