1120 Steeple RUN, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $765,050 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $639,000 to $649,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78132's current inventory. The 216 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.00 acres versus 1.06 for the typical comp. Current inventory shows 3 comparable homes in 78132; a buyer's market based on recent absorption. Market data shows 78132 prices risen 23% over the last half year. The closest comparable sale, 131 Chase Oaks DR, New Braunfels TX 78132 at an adjusted $728,327, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78132. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group