279 Pinnacle PKWY, New Braunfels TX 78132

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $727,385. I'd recommend coming to market at $474,000 to $484,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78132, this price point lands at the most expensive of 3 comparable homes on the market. Built in 2001, this home is 5 years older than the average comp, which is reflected in the adjustments. The 1.43 acre lot (larger than the 1.18 acre average) is reflected in the estimate. With 3 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. The trend in 78132 shows prices have risen 19% in the past 6 months. 131 Chase Oaks DR, New Braunfels TX 78132 nearby adjusts to $734,285; with a larger floor plan. Based on 7 relevant data points in 78132, 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