356 S Water LN, New Braunfels TX 78130

Based on 3 closed sales in 78130, the data points to a value around $227,599 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $267,000 to $337,000. This pricing would rank the home as the most affordable of 4 comparable homes on the market in 78130's current inventory. This home's smaller footprint (343 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.10 acres versus 0.15 for the typical comp. There are currently 4 similar homes on the market in 78130, ranging from $249,900 to $349,000. Market data shows 78130 prices risen 5% over the last half year. The closest comparable sale, 1631 Sunshine Peak, New Braunfels TX 78130 at an adjusted $266,657, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in 78130. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group