545 Cardinal MNR, New Braunfels TX 78130

Based on 7 closed sales in 78130, the data points to a value around $339,316 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $251,000 to $261,000. This home's position in the current 78130 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2006 (9 years older than comps) is factored into the value estimate. Lot size matters here: 0.23 acres versus 0.17 for the typical comp. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Market data shows 78130 prices risen 7.8% over the last half year. The closest comparable sale, 215 Creekview WAY, New Braunfels TX 78130 at an adjusted $367,720, is with a smaller floor plan. The strength of this estimate comes from 7 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