351 Mariposa LOOP, New Braunfels TX 78132

The estimated value of this property is $1,396,948, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,355,000 and $1,439,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78132. At 2,155 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2003, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78132; a buyer's market based on recent absorption. Recent trends in 78132 show home values have risen 11.3% since 6 months ago. The most comparable recent sale is 986 Riverforest DR, New Braunfels TX 78132, with an adjusted value of $2,511,919; with a smaller floor plan and a pool. Based on 7 relevant data points in 78132, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX