1551 Elm Grove Ave, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $564,046. For a well positioned listing in 78132, I'd target the $451,000 to $461,000 range. Among the similar homes currently available in 78132, this price point stands out as competitive. The larger floor plan (547 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1971 construction puts this home 24 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in 78132, creating a buyer's market for this price range. Recent trends in 78132 show home values have risen 15.8% since 6 months ago. The most comparable recent sale is 771 Mary Preiss DR, New Braunfels TX 78132, with an adjusted value of $586,132; with a smaller floor plan. 7 comparable transactions in 78132 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group