227 Posey PASS, 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 $381,751. I'd recommend coming to market at $287,000 to $297,000 to strike the right balance between value and market velocity. In the current 78132 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. At 192 sqft larger than the typical comp, the size difference factors into the valuation. The 0.13 acre lot (smaller than the 2.91 acre average) is reflected in the estimate. Buyers in 78132 have 2 comparable options right now, with asking prices between $281,600 and $327,000. The trend in 78132 shows prices have risen 21.3% in the past 6 months. 6341 Hibiscus, New Braunfels TX 78132 nearby adjusts to $187,059; with a smaller floor plan. Based on 4 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