2531 Black Bear DR, New Braunfels TX 78132

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $632,579. To generate strong buyer interest while maximizing value, I'd price this between $517,000 and $527,000. With 5 comparable homes on the market in 78132, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 274 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.04 acres, the lot is larger than the 0.89 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 14% in the past 6 months. 2243 Meadow Way ST, New Braunfels TX 78132 nearby adjusts to $476,701; 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