2721 Scarlet Tanger, New Braunfels TX 78130

The estimated value of this property is $348,059, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $416,000 and $434,000. With 3 comparable homes on the market in 78130, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (1,192 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2012, this home is 8 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Recent trends in 78130 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 680 Peacock LN, New Braunfels TX 78130, with an adjusted value of $358,660; with a smaller floor plan. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX