549 W Merriweather ST, New Braunfels TX 78130

My analysis of 3 comparable properties puts this home's estimated value at $421,541. Based on how the local market is moving, a list price between $195,000 and $205,000 would position this home well. This home's position in the current 78130 market: the most expensive of 7 comparable homes on the market among comparable properties. Being 154 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.20 acres versus the area average of 0.23) contributes to the valuation. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. The 6 month price trend in 78130: risen 5.5%. The best comp here is 267 W Edgewater TER, New Braunfels TX 78130 at an adjusted value of $610,592, a strong comparable. With 3 comparable sales in 78130, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group