1553 Lorelei LN, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $283,566. To sell within a reasonable timeframe at fair market value, the $362,000 to $368,000 range is where I'd position this. In the current 78130 market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. This home's smaller footprint (471 sqft vs the comp average) plays a role in how the market prices it. The 1985 construction puts this home 12 years older than the comp average, a factor in the pricing. 6 similar homes are currently available in 78130, creating a buyer's market for this price range. In 78130, home values have risen approximately 1.5% over the past 6 months. One of the strongest data points is 519 Mallow DR, New Braunfels TX 78130, adjusting to $209,665; 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