1060 Magnolia Wind, New Braunfels TX 78130

After reviewing 3 recent transactions in 78130, I estimate this property's value at $278,519. A competitive list price for this home right now would fall in the $315,000 to $320,000 range. Relative to what's currently available in 78130, this home would be the 4th most expensive of 7 comparable homes on the market. Being 245 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.22 acres versus the area average of 0.17) contributes to the valuation. There are currently 7 similar homes on the market in 78130, ranging from $245,000 to $562,500. Prices in 78130 have risen 5.8% over the last 6 months. A similar home at 1947 Kyle WAY, New Braunfels TX 78130 carries an adjusted comparable value of $273,740, providing a strong data point. With 3 comparable sales in 78130, 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