340 S Hickory, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $339,334. To sell within a reasonable timeframe at fair market value, the $268,000 to $278,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78130. The 1953 construction puts this home 33 years older than the comp average, a factor in the pricing. At 0.31 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Buyers in 78130 have 7 comparable options right now, with asking prices between $279,500 and $350,000. In 78130, home values have risen approximately 5.5% over the past 6 months. One of the strongest data points is 1329 Lee ST, New Braunfels TX 78130, adjusting to $475,851; with a larger floor plan. 7 comparable transactions in 78130 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group