1218 Pelican PL, New Braunfels TX 78130

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $349,520. To generate strong buyer interest while maximizing value, I'd price this between $421,000 and $438,000. Against 6 similar active listings in 78130, this price point lands at the 2nd least expensive of 6 comparable homes on the market. At 861 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 6 comparable homes in 78130; a buyer's market based on recent absorption. The trend in 78130 shows prices have risen 4.8% in the past 6 months. 680 Peacock LN, New Braunfels TX 78130 nearby adjusts to $351,453; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group