349 E South ST, New Braunfels TX 78130

The market data from 3 similar recent sales in 78130 points to a value of approximately $346,956. To sell within a reasonable timeframe at fair market value, the $288,000 to $298,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78130. Being 337 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.15 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Buyers in 78130 have 5 comparable options right now, with asking prices between $304,900 and $510,000. In 78130, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 272 Bonner BLVD, New Braunfels TX 78130, adjusting to $335,369; with a larger floor plan. The 3 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