837 Canyon BND, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $342,731. To sell within a reasonable timeframe at fair market value, the $285,000 to $295,000 range is where I'd position this. With 3 comparable homes on the market in 78133, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1964 construction puts this home 30 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is smaller than the 0.41 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in 78133, listed between $275,000 and $460,000. In 78133, home values have risen approximately 9% over the past 6 months. One of the strongest data points is 1647 Westview Court DR, Canyon Lake TX 78133, adjusting to $309,203; 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