2208 SE Texas Springs, New Braunfels TX 78132

My analysis of 7 comparable properties puts this home's estimated value at $1,100,861. Based on how the local market is moving, a list price between $924,000 and $934,000 would position this home well. Relative to what's currently available in 78132, this home would be the most expensive of 3 comparable homes on the market. At 535 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.00 acres versus the area average of 1.16) contributes to the valuation. With 3 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78132: risen 13.9%. The best comp here is 2346 Haven Bluff CT, New Braunfels TX 78132 at an adjusted value of $941,880, a strong comparable. 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