292 S Chestnut Ave, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $302,072. For a well positioned listing in 78130, I'd target the $326,000 to $353,000 range. With 7 comparable homes on the market in 78130, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (198 sqft vs the comp average) plays a role in how the market prices it. The 1935 construction puts this home 50 years older than the comp average, a factor in the pricing. Buyers in 78130 have 7 comparable options right now, with asking prices between $279,500 and $370,000. Recent trends in 78130 show home values have risen 5% since 6 months ago. The most comparable recent sale is 1329 Lee ST, New Braunfels TX 78130, with an adjusted value of $419,069; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group