16 Timber PT, New Braunfels TX 78132

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $477,747. I'd recommend coming to market at $396,000 to $406,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in OAK RUN. The 0.40 acre lot (larger than the 0.28 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in OAK RUN; a buyer's market based on recent absorption. The trend in 78132 shows prices have risen 24% in the past 6 months. 240 Oak CT, New Braunfels TX 78132 nearby adjusts to $402,885; a strong comparable. Based on 3 relevant data points in OAK RUN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX