645 Northgap DR, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $351,756. A competitive list price for this home right now would fall in the $415,000 to $428,000 range. Buyers shopping in 78130 right now would see this as a well positioned option among 6 comparable homes. This home's larger footprint (718 sqft vs the comp average) plays a role in how the market prices it. Having a pool is a plus; 7 of the 7 comps lacked one. Current inventory shows 6 comparable homes in 78130; a buyer's market based on recent absorption. Prices in 78130 have risen 5.5% over the last 6 months. A similar home at 2854 Oakdell TRL, New Braunfels TX 78130 carries an adjusted comparable value of $333,784, providing a strong data point. With 7 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