848 Canyon Springs DR, Canyon Lake TX 78133

The market data from 7 similar recent sales in 78133 points to a value of approximately $192,641. To sell within a reasonable timeframe at fair market value, the $208,000 to $214,000 range is where I'd position this. In the current 78133 market with 0 similar homes available, this price represents no active comparable homes on the market. At 895 sqft smaller than the typical comp, the size difference factors into the valuation. The 1989 construction puts this home 8 years older than the comp average, a factor in the pricing. In 78133, home values have fallen approximately 7.4% over the past 6 months. One of the strongest data points is 387 Lake Park Loop, Canyon Lake TX 78133, adjusting to $182,326; with a larger 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