2341 Arctic Warbler, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $278,447. A competitive list price for this home right now would fall in the $176,000 to $186,000 range. Buyers shopping in 78130 right now would see this as a well positioned option among 7 comparable homes. At 124 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.12 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Prices in 78130 have risen 5.2% over the last 6 months. A similar home at 2530 Diamondback TRL, New Braunfels TX 78130 carries an adjusted comparable value of $246,700, providing a strong data point. With 7 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group