1778 Oak Glen, 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 $389,237. I'd recommend coming to market at $366,000 to $368,000 to strike the right balance between value and market velocity. In the current 78132 market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. Built in 1997, this home is 14 years older than the average comp, which is reflected in the adjustments. The 0.19 acre lot (smaller than the 0.35 acre average) is reflected in the estimate. With 6 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 19% in the past 6 months. 1441 Katy ST, New Braunfels TX 78130 nearby adjusts to $422,580; with a smaller 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