3219 Espada, New Braunfels TX 78132

My analysis of 7 comparable properties puts this home's estimated value at $540,557. Based on how the local market is moving, a list price between $618,000 and $632,000 would position this home well. Relative to what's currently available in 78132, this home would be the 2nd least expensive of 4 comparable homes on the market. At 11 years older than typical comps, the 2007 build date influences the valuation. The smaller lot (0.19 acres versus the area average of 0.40) contributes to the valuation. The active market in 78132 includes 4 comparable homes priced from $549,000 to $869,777. The 6 month price trend in 78132: risen 24%. The best comp here is 854 Santa Cruz, New Braunfels TX 78132 at an adjusted value of $580,983, 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