1116 Churchill DR, New Braunfels TX 78130

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $288,231. I'd recommend coming to market at $199,000 to $209,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78130, this price point stands out as competitive. Built in 1950, this home is 42 years older than the average comp, which is reflected in the adjustments. The 0.16 acre lot (smaller than the 1.05 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78130, listed between $199,000 and $599,900. The trend in 78130 shows prices have risen 4.8% in the past 6 months. 1334 Carnation LN, New Braunfels TX 78130 nearby adjusts to $290,870; a strong comparable. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX