240 Bamberger Ave, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $508,000. For a well positioned listing in 78132, I'd target the $414,000 to $424,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78132. This home's larger footprint (407 sqft vs the comp average) plays a role in how the market prices it. The 2018 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78132; a buyer's market based on recent absorption. Recent trends in 78132 show home values have risen 15.8% since 6 months ago. The most comparable recent sale is 2240 Zachry DR, New Braunfels TX 78132, with an adjusted value of $519,261; with a smaller floor plan. 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