507 Lodge Creek DR, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $463,366. To sell within a reasonable timeframe at fair market value, the $368,000 to $378,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in 78132. This home's larger footprint (171 sqft vs the comp average) plays a role in how the market prices it. The 2011 construction puts this home 12 years older than the comp average, a factor in the pricing. Buyers in 78132 have 4 comparable options right now, with asking prices between $425,000 and $554,900. In 78132, home values have risen approximately 13.9% over the past 6 months. One of the strongest data points is 1091 Boulder RUN, New Braunfels TX 78132, adjusting to $399,274; a strong comparable. 7 comparable transactions in 78132 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group