425 Nova Zembla, New Braunfels TX 78130

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $367,745. I'd recommend coming to market at $253,000 to $263,000 to strike the right balance between value and market velocity. In the current 78130 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. At 204 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2020, this home is 6 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. The trend in 78130 shows prices have risen 5.8% in the past 6 months. 507 Dakota CRK, New Braunfels TX 78130 nearby adjusts to $339,093; a strong comparable. 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