1276 W Mill ST, New Braunfels TX 78130

The estimated value of this property is $267,797, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $262,000 and $273,000. In the current 78130 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's smaller footprint (739 sqft vs the comp average) plays a role in how the market prices it. Built in 1926, this home is 88 years older than the average comp, which is reflected in the adjustments. Right now, 2 similar properties are competing for buyers in 78130, listed between $199,000 and $259,000. Recent trends in 78130 show home values have fallen 0.5% since 6 months ago. The most comparable recent sale is 1848 W Bridge ST, New Braunfels TX 78130, with an adjusted value of $177,834; a strong comparable. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX