2332 Echoing Oak, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $483,931. For a well positioned listing in OAK RUN, I'd target the $364,000 to $374,000 range. Among the similar homes currently available in OAK RUN, this price point stands out as competitive. The 2011 construction puts this home 10 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in OAK RUN, listed between $425,000 and $579,990. Recent trends in 78132 show home values have risen 22% since 6 months ago. The most comparable recent sale is 662 Hidden View ST, New Braunfels TX 78130, with an adjusted value of $564,120; a strong comparable. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group