1315 E Zipp RD, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $348,108. A competitive list price for this home right now would fall in the $171,000 to $181,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78130's current inventory. The smaller floor plan (254 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.26 acres versus the area average of 0.77) contributes to the valuation. The active market in 78130 includes 3 comparable homes priced from $175,000 to $375,000. Prices in 78130 have risen 7.8% over the last 6 months. A similar home at 1520 Cloud LN, New Braunfels TX 78130 carries an adjusted comparable value of $136,116, providing a strong data point. With 7 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group