5524 Columbia DR, Cibolo TX 78108

Reviewing the most recent comparable transactions, this home's market value falls around $383,956. For a well positioned listing in 78108, I'd target the $412,000 to $448,000 range. Among the similar homes currently available in 78108, this price point stands out as competitive. At 306 sqft smaller than the typical comp, the size difference factors into the valuation. The 2008 construction puts this home 11 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in 78108 (a buyer's market), competition is a factor to consider. Recent trends in 78108 show home values have fallen 21.4% since 6 months ago. The most comparable recent sale is 248 Heavenly VW, Cibolo TX 78108, with an adjusted value of $314,804; with a larger floor plan. The 5 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