246 Coenen LN, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $274,427. To sell within a reasonable timeframe at fair market value, the $344,000 to $401,000 range is where I'd position this. Against 6 similar active listings in 78130, this price point lands at the most affordable of 6 comparable homes on the market. The 775 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.03 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 6 comparable homes in 78130; a buyer's market based on recent absorption. In 78130, home values have risen approximately 0.5% over the past 6 months. One of the strongest data points is 1127 Stone Arch, New Braunfels TX 78130, adjusting to $238,514; with a smaller floor plan. The 7 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