229 Shady Grove, Bulverde TX 78163

The estimated value of this property is $1,051,836, based on 3 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $917,000 and $927,000. Against 2 similar active listings in 78163, this price point lands at the most expensive of 2 comparable homes on the market. Being 129 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2006, this home is 7 years older than the average comp, which is reflected in the adjustments. There are currently 2 similar homes on the market in 78163, ranging from $939,000 to $999,333. Recent trends in 78163 show home values have risen 57.8% since 6 months ago. The most comparable recent sale is 219 Champions RDG, Spring Branch TX 78070, with an adjusted value of $969,146; with a larger floor plan and a pool. With 3 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