1177 Hammock GLN, New Braunfels TX 78132

Based on 6 closed sales in 78132, the data points to a value around $500,074 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $426,000 to $436,000. Relative to what's currently available in 78132, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (147 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.26 acres versus 0.19 for the typical comp. Current inventory shows 4 comparable homes in 78132; a buyer's market based on recent absorption. Market data shows 78132 prices risen 10% over the last half year. The closest comparable sale, 1605 Craftsman RD, New Braunfels TX 78132 at an adjusted $511,510, is with a smaller floor plan. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus