3005 Sandstone WAY, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $418,358. For a well positioned listing in 78130, I'd target the $316,000 to $326,000 range. With 7 comparable homes on the market in 78130, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 6.8% since 6 months ago. The most comparable recent sale is 390 Lost Maples DR, New Braunfels TX 78130, with an adjusted value of $342,620; a strong comparable. The 4 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