615 Oak Cascade, New Braunfels TX 78132

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $624,189. I'd recommend coming to market at $448,000 to $458,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78132, this price point stands out as competitive. This home's larger footprint (852 sqft vs the comp average) plays a role in how the market prices it. Built in 2011, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78132; a buyer's market based on recent absorption. The trend in 78132 shows prices have risen 15.3% in the past 6 months. 604 Hannahs RUN, New Braunfels TX 78130 nearby adjusts to $826,151; with a larger floor plan. With 7 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