509 Laurel LN, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $313,286. For a well positioned listing in 78130, I'd target the $265,000 to $275,000 range. Against 6 similar active listings in 78130, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The 1953 construction puts this home 30 years older than the comp average, a factor in the pricing. At 0.36 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in 78130, ranging from $279,500 to $349,000. Recent trends in 78130 show home values have risen 5.2% since 6 months ago. The most comparable recent sale is 1195 W Coll ST, New Braunfels TX 78130, with an adjusted value of $369,433; 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