24 Timber Meadow, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $481,281. For a well positioned listing in 78132, I'd target the $415,000 to $425,000 range. In the current 78132 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1998 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.21 acres, the lot is smaller than the 0.28 acre comp average, which factors into pricing. 7 similar homes are currently available in 78132, creating a buyer's market for this price range. Recent trends in 78132 show home values have risen 13.5% since 6 months ago. The most comparable recent sale is 240 Oak CT, New Braunfels TX 78132, with an adjusted value of $432,887; with a smaller floor plan. The 3 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