346 S Sycamore Ave, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $317,546. To sell within a reasonable timeframe at fair market value, the $228,000 to $238,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78130. At 242 sqft larger than the typical comp, the size difference factors into the valuation. The 1935 construction puts this home 53 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78130, listed between $249,900 and $374,791. In 78130, home values have risen approximately 7.8% over the past 6 months. One of the strongest data points is 1329 Lee ST, New Braunfels TX 78130, adjusting to $420,458; a strong comparable. 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