353 S Gilbert Ave # 353, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $364,968. For a well positioned listing in 78130, I'd target the $303,000 to $313,000 range. Against 4 similar active listings in 78130, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (134 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1983 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 10% since 6 months ago. The most comparable recent sale is 401 W Lincoln ST # A102, New Braunfels TX 78130, with an adjusted value of $496,499; a strong comparable. 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