2722 Summit DR, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $768,760 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $600,000 to $610,000. Relative to what's currently available in 78132, this home would be the 2nd least expensive of 4 comparable homes on the market. The 631 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.03 acres versus 0.74 for the typical comp. Current inventory shows 4 comparable homes in 78132; a buyer's market based on recent absorption. Market data shows 78132 prices risen 23.4% over the last half year. The closest comparable sale, 4105 Summit Hurst, New Braunfels TX 78132 at an adjusted $482,574, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78132. 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