394 E Mather ST, New Braunfels TX 78130

The estimated value of this property is $391,224, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $206,000 and $216,000. Against 7 similar active listings in 78130, this price point lands at the most expensive of 7 comparable homes on the market. The smaller floor plan (401 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1926, this home is 45 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 730 E Mather ST # H302, New Braunfels TX 78130, with an adjusted value of $302,372; a strong comparable. With 7 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