723 E Zipp RD, New Braunfels TX 78130

This home was listed at $699,900 and was on the market for 144 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $646,440. Here are some factors that may have played a role: After 144 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. At $409/sqft, the asking price was 139% above the area median, though there may have been upgrades or features not captured in the data. The 1979 construction puts this home 18 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is smaller than the 0.29 acre comp average, which factors into pricing. The 7 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