4664 Purgatory RD, New Braunfels TX 78132

The market data from 5 similar recent sales in 78132 points to a value of approximately $1,479,359. To sell within a reasonable timeframe at fair market value, the $1,435,000 to $1,524,000 range is where I'd position this. With 0 comparable homes on the market in 78132, this price positions the property as no active comparable homes on the market. At 1,264 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 5 comparable sales didn't include one. In 78132, home values have risen approximately 24% over the past 6 months. One of the strongest data points is 1771 Edgewater FLS, Canyon Lake TX 78133, adjusting to $2,226,398; with a smaller floor plan and no pool. The 5 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