2225 Michigan ST, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $285,894. For a well positioned listing in 78130, I'd target the $280,000 to $292,000 range. With 0 comparable homes on the market in 78130, this price positions the property as no active comparable homes on the market. The smaller floor plan (305 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1996 construction puts this home 18 years older than the comp average, a factor in the pricing. Recent trends in 78130 show home values have fallen 0.5% since 6 months ago. The most comparable recent sale is 1848 W Bridge ST, New Braunfels TX 78130, with an adjusted value of $214,044; with a smaller floor plan. The 7 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