1440 Flaming Oak DR, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $966,495. To sell within a reasonable timeframe at fair market value, the $741,000 to $751,000 range is where I'd position this. With 5 comparable homes on the market in 78132, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The 1982 construction puts this home 24 years older than the comp average, a factor in the pricing. At 1.11 acres, the lot is smaller than the 1.57 acre comp average, which factors into pricing. The active market in 78132 includes 5 comparable homes priced from $635,000 to $1,649,900. In 78132, home values have risen approximately 15.6% over the past 6 months. One of the strongest data points is 464 Paradise HLS, New Braunfels TX 78132, adjusting to $1,259,671; 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