1222 W Mill ST, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $279,125. To sell within a reasonable timeframe at fair market value, the $237,000 to $247,000 range is where I'd position this. With 7 comparable homes on the market in 78130, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1926 construction puts this home 59 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78130, creating a buyer's market for this price range. In 78130, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 1329 Lee ST, New Braunfels TX 78130, adjusting to $402,774; with a larger floor plan. 7 comparable transactions in 78130 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group