228 Autumn Oak, New Braunfels TX 78132

After reviewing 7 recent transactions in 78132, I estimate this property's value at $590,122. A competitive list price for this home right now would fall in the $460,000 to $470,000 range. Buyers shopping in 78132 right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (870 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.41 acres versus the area average of 1.48) contributes to the valuation. 7 similar homes are currently available in 78132, creating a buyer's market for this price range. Prices in 78132 have risen 13.9% over the last 6 months. A similar home at 264 Bonner BLVD, New Braunfels TX 78130 carries an adjusted comparable value of $505,845, providing a strong data point. 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