1228 Ervendberg Ave # 201, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $457,545. For a well positioned listing in 78130, I'd target the $189,000 to $199,000 range. In the current 78130 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. At 543 sqft smaller than the typical comp, the size difference factors into the valuation. The 2020 construction puts this home 43 years newer than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Recent trends in 78130 show home values have risen 0% since 6 months ago. The most comparable recent sale is 852 N Houston Ave, New Braunfels TX 78130, with an adjusted value of $491,292; with a smaller floor plan and a pool. 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