3104 Fm 2722, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $555,269 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $570,000 to $592,000. Relative to what's currently available in 78132, this home would be the most affordable of 2 comparable homes on the market. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. Being built in 1980 (26 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. Market data shows 78132 prices risen 20.2% over the last half year. The closest comparable sale, 514 Orchard WAY, New Braunfels TX 78132 at an adjusted $511,501, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus