366 Posey PASS, New Braunfels TX 78132

The estimated value of this property is $346,252, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $284,000 and $294,000. In the current 78132 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The pool is a standout feature, with 3 of 4 comparable homes not offering one. Built in 2010, this home is 8 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 13.9% since 6 months ago. The most comparable recent sale is 6341 Hibiscus, New Braunfels TX 78132, with an adjusted value of $193,333; with a smaller floor plan and no pool. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group