262 E Nacogdoches ST, New Braunfels TX 78130

Based on 7 closed sales in 78130, the data points to a value around $301,027 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $323,000 to $383,000. This home's position in the current 78130 market: the most expensive of 3 comparable homes on the market among comparable properties. The 274 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1950 (24 years older than comps) is factored into the value estimate. There are currently 3 similar homes on the market in 78130, ranging from $260,500 to $550,000. Market data shows 78130 prices risen 8.7% over the last half year. The closest comparable sale, 164 Ferguson ST, New Braunfels TX 78130 at an adjusted $322,810, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78130. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group