2314 Echoing Oak, New Braunfels TX 78132

After reviewing 7 recent transactions in 78132, I estimate this property's value at $499,510. A competitive list price for this home right now would fall in the $505,000 to $556,000 range. This home's position in the current 78132 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. At 12 years older than typical comps, the 2011 build date influences the valuation. The larger lot (0.22 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 4 comparable homes in 78132; a buyer's market based on recent absorption. Prices in 78132 have risen 18% over the last 6 months. A similar home at 662 Hidden View ST, New Braunfels TX 78130 carries an adjusted comparable value of $579,309, providing a strong data point. The comp data here (7 sales in 78132) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus