491 N Veramendi Ave, New Braunfels TX 78130

Based on 7 closed sales in 78130, the data points to a value around $407,727 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $252,000 to $262,000. This home's position in the current 78130 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1951 (45 years older than comps) is factored into the value estimate. Lot size matters here: 0.16 acres versus 1.59 for the typical comp. There are currently 7 similar homes on the market in 78130, ranging from $245,000 to $510,000. Market data shows 78130 prices risen 7.9% over the last half year. The closest comparable sale, 771 Mary Preiss DR, New Braunfels TX 78132 at an adjusted $429,435, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78130. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group