1214 Hidden Cave DR, New Braunfels TX 78132

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $637,492. I'd recommend coming to market at $427,000 to $437,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in 78132, this price positions the property as the most expensive of 4 comparable homes on the market. This home's larger footprint (260 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 4 comparable homes in 78132; a buyer's market based on recent absorption. The trend in 78132 shows prices have risen 26% in the past 6 months. 2534 Lermann, New Braunfels TX 78132 nearby adjusts to $722,077; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group