231 Elderberry, New Braunfels TX 78130

The market data from 3 similar recent sales in 78130 points to a value of approximately $270,095. To sell within a reasonable timeframe at fair market value, the $199,000 to $209,000 range is where I'd position this. With 7 comparable homes on the market in 78130, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 435 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2019 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78130, listed between $224,900 and $419,900. In 78130, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 723 Spectrum DR, New Braunfels TX 78130, adjusting to $269,802; with a smaller floor plan. 3 comparable transactions in 78130 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group