447 S Water LN, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $309,087. For a well positioned listing in 78130, I'd target the $350,000 to $363,000 range. In the current 78130 market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. This home's larger footprint (1,104 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 3 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 680 Peacock LN, New Braunfels TX 78130, with an adjusted value of $343,533; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group