708 W Mill ST, New Braunfels TX 78130

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $291,427. Pricing this home between $188,000 and $198,000 would put it in the competitive sweet spot for 78130. This home's position in the current 78130 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 60 years older than typical comps, the 1898 build date influences the valuation. The smaller lot (0.21 acres versus the area average of 1.41) contributes to the valuation. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Market data shows 78130 prices risen 7.3% over the last half year. The closest comparable sale, 164 Ferguson ST, New Braunfels TX 78130 at an adjusted $303,602, is with a smaller floor plan. The comp data here (7 sales in 78130) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus