657 Riviera DR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $304,682. To generate strong buyer interest while maximizing value, I'd price this between $130,000 and $140,000. Among the similar homes currently available in 78133, this price point stands out as competitive. At 905 sqft smaller than the typical comp, the size difference factors into the valuation. The 1990 construction puts this home 12 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 78133 (a buyer's market), competition is a factor to consider. The trend in 78133 shows prices have fallen 7.6% in the past 6 months. 2442 Candlelight DR, Canyon Lake TX 78133 nearby adjusts to $250,204; a strong comparable. 7 comparable transactions in 78133 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group