1709 Oak Rock, New Braunfels TX 78132

After reviewing 4 recent transactions in 78132, I estimate this property's value at $582,623. A competitive list price for this home right now would fall in the $395,000 to $405,000 range. This would position the home competitively among 5 active listings in 78132. At 426 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.23 acres versus the area average of 0.29) contributes to the valuation. There are currently 5 similar homes on the market in 78132, ranging from $425,000 to $835,000. Prices in 78132 have risen 13.9% over the last 6 months. A similar home at 1738 Oak Forest DR, New Braunfels TX 78132 carries an adjusted comparable value of $555,557, providing a strong data point. With 4 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