1021 Gruene RD, New Braunfels TX 78130

The estimated value of this property is $513,854, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $788,000 and $816,000. In the current 78130 market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The larger floor plan (1,458 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2006, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 5% since 6 months ago. The most comparable recent sale is 598 Summersweet RD, New Braunfels TX 78130, with an adjusted value of $425,534; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group