250 Posey Pass, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $339,124. To sell within a reasonable timeframe at fair market value, the $332,000 to $346,000 range is where I'd position this. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78132. The 2013 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.13 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78132; a buyer's market based on recent absorption. In 78132, home values have risen approximately 24% over the past 6 months. One of the strongest data points is 6341 Hibiscus, New Braunfels TX 78132, adjusting to $186,564; 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