659 Monarch, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $356,560 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $412,000 to $488,000. Relative to what's currently available in 78133, this home would be the most affordable of 5 comparable homes on the market. The 143 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.50 acres versus 0.62 for the typical comp. Right now, 5 similar properties are competing for buyers in 78133, listed between $388,000 and $749,900. Market data shows 78133 prices risen 9% over the last half year. The closest comparable sale, 952 Parkview DR, Canyon Lake TX 78133 at an adjusted $295,918, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78133. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group