505 Chapel BND, New Braunfels TX 78130

Based on 3 closed sales in 78130, the data points to a value around $352,313 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $418,000 to $426,000. Buyers shopping in 78130 right now would see this as a well positioned option among 7 comparable homes. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.26 acres versus 0.20 for the typical comp. There are currently 7 similar homes on the market in 78130, ranging from $315,000 to $469,990. Market data shows 78130 prices risen 4.7% over the last half year. The closest comparable sale, 2028 Heaton Hall DR, New Braunfels TX 78130 at an adjusted $370,157, is a strong comparable. The strength of this estimate comes from 3 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