5105 COLUMBIA, Cibolo TX 78108

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $384,352. To generate strong buyer interest while maximizing value, I'd price this between $400,000 and $436,000. Against 3 similar active listings in 78108, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 496 sqft size difference versus comparable sales is reflected in the adjusted values. The 2005 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in 78108, ranging from $364,000 to $445,000. The trend in 78108 shows prices have fallen 21.4% in the past 6 months. 5519 Cypress Pt PT, Cibolo TX 78108 nearby adjusts to $327,206; with a larger floor plan. The 3 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