1247 Sugar Land DR, New Braunfels TX 78130

The market data from 7 similar recent sales in SEE LEGAL points to a value of approximately $308,536. To sell within a reasonable timeframe at fair market value, the $330,000 to $342,000 range is where I'd position this. With 6 comparable homes on the market in SEE LEGAL, this price positions the property as the 3rd most expensive of 6 comparable homes on the market. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 6 similar homes currently listed in SEE LEGAL (a buyer's market), competition is a factor to consider. In 78130, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 518 Walnut Heights BLVD, New Braunfels TX 78130, adjusting to $315,296; a strong comparable. 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