870 La Paloma DR, Canyon Lake TX 78133

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $392,852. To generate strong buyer interest while maximizing value, I'd price this between $286,000 and $296,000. 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 166 sqft size difference versus comparable sales is reflected in the adjusted values. The 2015 construction puts this home 8 years newer than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78133, ranging from $299,900 to $479,900. The trend in 78133 shows prices have fallen 7.4% in the past 6 months. 1396 Heritage HL, Canyon Lake TX 78133 nearby adjusts to $420,541; with a larger floor plan. The 4 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