1016 Cap Rock HL, New Braunfels TX 78132

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $572,566. To generate strong buyer interest while maximizing value, I'd price this between $432,000 and $442,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in 78132. The smaller floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.51 acres, the lot is smaller than the 0.96 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 26% in the past 6 months. 349 Apex Ave, New Braunfels TX 78132 nearby adjusts to $525,956; with a smaller floor plan. 7 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