1911 Palace DR, New Braunfels TX 78130

The market data from 3 similar recent sales in 78130 points to a value of approximately $248,069. To sell within a reasonable timeframe at fair market value, the $241,000 to $256,000 range is where I'd position this. Among the similar homes currently available in 78130, this price point stands out as competitive. This home's smaller footprint (209 sqft vs the comp average) plays a role in how the market prices it. The 1986 construction puts this home 9 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in 78130, creating a buyer's market for this price range. In 78130, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 2132 Northcrest DR, New Braunfels TX 78130, adjusting to $207,291; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group