3162 Charyn WAY, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $443,216. To sell within a reasonable timeframe at fair market value, the $515,000 to $541,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78132. At 0.01 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. In 78132, home values have risen approximately 19% over the past 6 months. One of the strongest data points is 1552 Ravine WAY, New Braunfels TX 78132, adjusting to $413,862; with a smaller floor plan. The 7 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