3124 San Miguel, New Braunfels TX 78132

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $520,984. Pricing this home between $368,000 and $378,000 would put it in the competitive sweet spot for 78132. Buyers shopping in 78132 right now would see this as a well positioned option among 7 comparable homes. At 12 years older than typical comps, the 2006 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 0.39) contributes to the valuation. The active market in 78132 includes 7 comparable homes priced from $425,000 to $835,000. Market data shows 78132 prices risen 23% over the last half year. The closest comparable sale, 854 Santa Cruz, New Braunfels TX 78132 at an adjusted $570,517, is with a larger floor plan. The comp data here (7 sales in 78132) 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