1015 Provence PL, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $902,141. For a well positioned listing in 78132, I'd target the $978,000 to $995,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78132. The 2011 construction puts this home 5 years older than the comp average, a factor in the pricing. At 1.50 acres, the lot is larger than the 1.09 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78132, listed between $849,000 and $1,299,000. Recent trends in 78132 show home values have risen 8% since 6 months ago. The most comparable recent sale is 2250 Meritage, New Braunfels TX 78132, with an adjusted value of $836,537; a strong comparable. 5 comparable transactions in 78132 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group