243 Arendes DR, New Braunfels TX 78132

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $786,034. Pricing this home between $447,000 and $457,000 would put it in the competitive sweet spot for 78132. This would position the home competitively among 4 active listings in 78132. This home's larger footprint (1,005 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.34 acres versus the area average of 1.96) contributes to the valuation. With 4 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. Market data shows 78132 prices risen 19% over the last half year. The closest comparable sale, 604 Hannahs RUN, New Braunfels TX 78130 at an adjusted $940,108, is with a smaller floor plan. The comp data here (7 sales in 78132) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus