721 Pecan ST, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $470,409. To generate strong buyer interest while maximizing value, I'd price this between $523,000 and $620,000. In the current 78133 market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The 1974 construction puts this home 26 years older than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.73 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in 78133; a buyer's market based on recent absorption. The trend in 78133 shows prices have fallen 8.4% in the past 6 months. 2662 Edgegrove, Canyon Lake TX 78133 nearby adjusts to $509,449; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group