1741 Flaming Oak DR, 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 $539,619. I'd recommend coming to market at $523,000 to $556,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78132, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (1,258 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1985, this home is 12 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 21% in the past 6 months. 190 Oak View CT, New Braunfels TX 78132 nearby adjusts to $351,660; with a larger floor plan. Based on 7 relevant data points in 78132, 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