538 Melissa LN, New Braunfels TX 78130

The estimated value of this property is $342,687, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $275,000 and $285,000. Among the similar homes currently available in 78130, this price point stands out as competitive. This home's smaller footprint (143 sqft vs the comp average) plays a role in how the market prices it. Built in 2013, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in 78130 have 5 comparable options right now, with asking prices between $265,000 and $562,500. Recent trends in 78130 show home values have fallen 1.3% since 6 months ago. The most comparable recent sale is 519 Mallow DR, New Braunfels TX 78130, with an adjusted value of $274,761; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group