723 Spectrum DR, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $272,684. For a well positioned listing in 78130, I'd target the $267,000 to $278,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78130. The larger floor plan (112 sqft compared to the average comp) is a meaningful differentiator in this price range. 3 similar homes are currently available in 78130, creating a buyer's market for this price range. Recent trends in 78130 show home values have risen 1.8% since 6 months ago. The most comparable recent sale is 2125 Conner DR, New Braunfels TX 78130, with an adjusted value of $286,215; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group