2902 Summit DR, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $498,979 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $554,000 to $613,000. Buyers shopping in 78132 right now would see this as a well positioned option among 2 comparable homes. Being 100 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2016 (9 years newer than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in 78132; a buyer's market based on recent absorption. Market data shows 78132 prices risen 21.3% over the last half year. The closest comparable sale, 420 Sendera Hills, Canyon Lake TX 78133 at an adjusted $508,676, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus