296 N Union Ave, New Braunfels TX 78130

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $417,048. I'd recommend coming to market at $194,000 to $204,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78130, this price point lands at the most expensive of 7 comparable homes on the market. At 501 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1947, this home is 45 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. The trend in 78130 shows prices have risen 5.2% in the past 6 months. 730 E Mather ST # H302, New Braunfels TX 78130 nearby adjusts to $299,036; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group