500 N Market ST # 302, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $342,288. A competitive list price for this home right now would fall in the $402,000 to $485,000 range. This home's position in the current 78130 market: the most affordable of 2 comparable homes on the market among comparable properties. The smaller floor plan (397 sqft compared to the average comp) is a meaningful differentiator in this price range. At 6 years older than typical comps, the 1983 build date influences the valuation. With 2 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Prices in 78130 have risen 1.5% over the last 6 months. A similar home at 500 N Market ST # 318, New Braunfels TX 78130 carries an adjusted comparable value of $324,950, providing a strong data point. With 7 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group