533 Advantage DR, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $261,491. To sell within a reasonable timeframe at fair market value, the $291,000 to $309,000 range is where I'd position this. With 7 comparable homes on the market in 78130, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 2013 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. In 78130, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 1621 LAYNE LOOP, New Braunfels TX 78130, adjusting to $283,508; a strong comparable. 7 comparable transactions in 78130 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