1224 Lone Star DR, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $476,688. To sell within a reasonable timeframe at fair market value, the $325,000 to $335,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 78130. Being 878 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1982 construction puts this home 14 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in 78130, listed between $320,995 and $1,950,000. In 78130, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 734 Summerwood DR, New Braunfels TX 78130, adjusting to $344,520; with a smaller 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