2894 Oak Branch RDG, New Braunfels TX 78130

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $383,704. To generate strong buyer interest while maximizing value, I'd price this between $295,000 and $305,000. In the current 78130 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 2011 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in 78130; a buyer's market based on recent absorption. The trend in 78130 shows prices have risen 5.8% in the past 6 months. 390 Lost Maples DR, New Braunfels TX 78130 nearby adjusts to $322,288; a strong comparable. 7 comparable transactions in 78130 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group