735 Lakeview LOOP, Canyon Lake TX 78133

Based on 7 closed sales in 78133, the data points to a value around $206,101 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $114,000 to $124,000. Relative to what's currently available in 78133, this home would be the most expensive of 2 comparable homes on the market. The 307 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.20 acres versus 0.38 for the typical comp. The active market in 78133 includes 2 comparable homes priced from $121,900 to $245,000. Market data shows 78133 prices fallen 15.7% over the last half year. The closest comparable sale, 387 Lake Park Loop, Canyon Lake TX 78133 at an adjusted $231,190, is a strong comparable. 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