233 Primrose WAY, 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 $320,105. I'd recommend coming to market at $271,000 to $281,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78132. The 0.13 acre lot (smaller than the 0.45 acre average) is reflected in the estimate. With 1 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 16.8% 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