240 S Mesquite Ave, New Braunfels TX 78130

Based on 7 closed sales in 78130, the data points to a value around $291,970 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $246,000 to $256,000. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in 78130's current inventory. The 1,168 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1949 (75 years older than comps) is factored into the value estimate. The active market in 78130 includes 4 comparable homes priced from $239,900 to $624,000. Market data shows 78130 prices risen 5% over the last half year. The closest comparable sale, 3076 Pike DR, New Braunfels TX 78132 at an adjusted $277,672, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus