1016 Happy Hollow, New Braunfels TX 78132

After reviewing 7 recent transactions in SUMMIT, I estimate this property's value at $766,930. A competitive list price for this home right now would fall in the $744,000 to $790,000 range. This home's position in the current SUMMIT market: below the only comparable home currently on the market among comparable properties. At 26 years newer than typical comps, the 2021 build date influences the valuation. The smaller lot (1.09 acres versus the area average of 1.17) contributes to the valuation. Current inventory shows 1 comparable homes in SUMMIT; a buyer's market based on recent absorption. Prices in 78132 have risen 13.9% over the last 6 months. A similar home at 2902 Summit DR, New Braunfels TX 78132 carries an adjusted comparable value of $538,510, providing a strong data point. With 7 comparable sales in SUMMIT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group