450 S Washington Ave, New Braunfels TX 78130

The estimated value of this property is $434,175, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $570,000 and $621,000. At this price, the property would be the most affordable of 5 comparable homes on the market comparable homes currently on the market in 78130. At 173 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1949, this home is 46 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 8.7% since 6 months ago. The most comparable recent sale is 272 Bonner BLVD, New Braunfels TX 78130, with an adjusted value of $330,396; with a larger floor plan. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX