131 Mittmann CIR, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $646,676. For a well positioned listing in 78132, I'd target the $634,000 to $660,000 range. With 4 comparable homes on the market in 78132, this price positions the property as the most expensive of 4 comparable homes on the market. The 1973 construction puts this home 28 years older than the comp average, a factor in the pricing. At 1.02 acres, the lot is larger than the 0.74 acre comp average, which factors into pricing. The active market in 78132 includes 4 comparable homes priced from $439,990 to $499,000. Recent trends in 78132 show home values have fallen 10.6% since 6 months ago. The most comparable recent sale is 714 Starcrest DR, New Braunfels TX 78130, with an adjusted value of $1,019,088; 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