486 E South ST, New Braunfels TX 78130

The estimated value of this property is $336,700, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $201,000 and $211,000. Among the similar homes currently available in 78130, this price point stands out as competitive. Built in 1920, this home is 38 years older than the average comp, which is reflected in the adjustments. The 0.14 acre lot (smaller than the 1.42 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 7.8% since 6 months ago. The most comparable recent sale is 1105 W Mill ST, New Braunfels TX 78130, with an adjusted value of $317,829; a strong comparable. With 7 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