911 CANYON TRCE, Canyon Lake TX 78133

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $284,533. I'd recommend coming to market at $176,000 to $186,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78133, this price point stands out as competitive. At 416 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2014, this home is 11 years newer than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in 78133, creating a buyer's market for this price range. The trend in 78133 shows prices have fallen 10.9% in the past 6 months. 1135 Twisted Oak CT, Canyon Lake TX 78133 nearby adjusts to $257,016; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group