1486 Elm Creek RD, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $622,153 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $530,000 to $540,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78132's current inventory. Being 1,032 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1880 (120 years older than comps) is factored into the value estimate. Buyers in 78132 have 3 comparable options right now, with asking prices between $554,900 and $1,188,000. Market data shows 78132 prices risen 16.8% over the last half year. The closest comparable sale, 604 Hannahs RUN, New Braunfels TX 78130 at an adjusted $804,526, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus