305 Elmwood DR, New Braunfels TX 78130

My analysis of 3 comparable properties puts this home's estimated value at $488,629. Based on how the local market is moving, a list price between $357,000 and $367,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in 78130's current inventory. This home's larger footprint (235 sqft vs the comp average) plays a role in how the market prices it. At 8 years older than typical comps, the 2001 build date influences the valuation. Buyers in 78130 have 6 comparable options right now, with asking prices between $389,000 and $1,299,000. The 6 month price trend in 78130: risen 4.8%. The best comp here is 860 Fair LN, New Braunfels TX 78130 at an adjusted value of $462,086, with a smaller floor plan and a pool. The comp data here (3 sales in 78130) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus