161 High Low DR, New Braunfels TX 78132

My analysis of 7 comparable properties puts this home's estimated value at $501,151. Based on how the local market is moving, a list price between $491,000 and $511,000 would position this home well. Buyers shopping in 78132 right now would see this as a well positioned option among 5 comparable homes. At 47 years older than typical comps, the 1962 build date influences the valuation. The larger lot (1.30 acres versus the area average of 0.84) contributes to the valuation. Current inventory shows 5 comparable homes in 78132; a balanced market based on recent absorption. The 6 month price trend in 78132: risen 1.6%. The best comp here is 1314 Cottonseed ST, New Braunfels TX 78132 at an adjusted value of $437,123, with a larger floor plan. With 7 comparable sales in 78132, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group