1485 Edwards BLVD, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $496,318. To sell within a reasonable timeframe at fair market value, the $546,000 to $569,000 range is where I'd position this. Against 4 similar active listings in 78132, this price point lands at the most affordable of 4 comparable homes on the market. The 1969 construction puts this home 42 years older than the comp average, a factor in the pricing. At 0.75 acres, the lot is smaller than the 1.17 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in 78132, listed between $499,850 and $559,900. In 78132, home values have fallen approximately 3.1% over the past 6 months. One of the strongest data points is 1350 Mary Preiss DR, New Braunfels TX 78132, adjusting to $487,098; 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