104 Falling HLS, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $662,491. To sell within a reasonable timeframe at fair market value, the $643,000 to $682,000 range is where I'd position this. With 1 comparable homes on the market in 78132, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (1,271 sqft vs the comp average) plays a role in how the market prices it. At 1.10 acres, the lot is smaller than the 1.49 acre comp average, which factors into pricing. 1 similar homes are currently available in 78132, creating a buyer's market for this price range. In 78132, home values have risen approximately 22% over the past 6 months. One of the strongest data points is 349 Apex Ave, New Braunfels TX 78132, adjusting to $503,955; a strong comparable. 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