664 Northgap DR, New Braunfels TX 78130

The estimated value of this property is $332,910, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $323,000 and $343,000. With 1 comparable homes on the market in 78130, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (1,777 sqft vs the comp average) plays a role in how the market prices it. Built in 2005, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 669 Northgap DR, New Braunfels TX 78130, with an adjusted value of $311,046; with a smaller floor plan. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX