2325 Echoing Oak, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $587,396. To sell within a reasonable timeframe at fair market value, the $421,000 to $431,000 range is where I'd position this. Against 5 similar active listings in 78132, this price point lands at the most expensive of 5 comparable homes on the market. The 594 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.19 acres, the lot is smaller than the 1.43 acre comp average, which factors into pricing. The active market in 78132 includes 5 comparable homes priced from $419,990 to $549,999. In 78132, home values have risen approximately 24% over the past 6 months. One of the strongest data points is 988 Carriage Loop LOOP, New Braunfels TX 78132, adjusting to $596,943; with a larger floor plan and a pool. 7 comparable transactions in 78132 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