353 E Mill ST, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $255,747. To sell within a reasonable timeframe at fair market value, the $296,000 to $324,000 range is where I'd position this. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78130. Being 1,197 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1932 construction puts this home 93 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78130; a buyer's market based on recent absorption. In 78130, home values have risen approximately 7.9% over the past 6 months. One of the strongest data points is 3020 Nash DR, New Braunfels TX 78132, adjusting to $243,312; 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