432 Oak TRCE, New Braunfels TX 78132

The estimated value of this property is $517,229, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $502,000 and $533,000. Against 4 similar active listings in 78132, this price point lands at the 2nd most expensive of 4 comparable homes on the market. Being 313 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1999, this home is 6 years newer than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in 78132, ranging from $439,900 to $1,299,000. Recent trends in 78132 show home values have risen 23% since 6 months ago. The most comparable recent sale is 501 Acorn DR, New Braunfels TX 78130, with an adjusted value of $529,886; 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