2951 Nicholas CV, New Braunfels TX 78130

The market data from 6 similar recent sales in 78130 points to a value of approximately $319,617. To sell within a reasonable timeframe at fair market value, the $402,000 to $413,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78130. Being 180 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. In 78130, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 3050 Button Ball, New Braunfels TX 78130, adjusting to $220,646; with a larger floor plan. The 6 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