789 CYPRESS DR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $396,158. To generate strong buyer interest while maximizing value, I'd price this between $449,000 and $467,000. With 7 comparable homes on the market in 78133, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. At 0.23 acres, the lot is smaller than the 0.80 acre comp average, which factors into pricing. 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 12.3% in the past 6 months. 1021 Pinon PASS, Fischer TX 78623 nearby adjusts to $428,562; 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