1421 Sleepy Hollow LN, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $429,368. To sell within a reasonable timeframe at fair market value, the $242,000 to $252,000 range is where I'd position this. Among the similar homes currently available in 78130, this price point stands out as competitive. The 1978 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.46 acres, the lot is smaller than the 0.68 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. In 78130, home values have risen approximately 7.8% over the past 6 months. One of the strongest data points is 771 Mary Preiss DR, New Braunfels TX 78132, adjusting to $479,420; 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