504 Panarama PL, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $1,089,733. For a well positioned listing in 78132, I'd target the $915,000 to $925,000 range. With 5 comparable homes on the market in 78132, this price positions the property as the most expensive of 5 comparable homes on the market. This home's larger footprint (526 sqft vs the comp average) plays a role in how the market prices it. At 1.00 acres, the lot is smaller than the 1.72 acre comp average, which factors into pricing. The active market in 78132 includes 5 comparable homes priced from $809,900 to $1,188,000. Recent trends in 78132 show home values have risen 15.6% since 6 months ago. The most comparable recent sale is 464 Paradise HLS, New Braunfels TX 78132, with an adjusted value of $1,432,550; with a smaller floor plan. The 7 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