726 Summerwood DR, New Braunfels TX 78130

The estimated value of this property is $386,621, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $270,000 and $280,000. With 7 comparable homes on the market in 78130, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 1981, this home is 25 years older than the average comp, which is reflected in the adjustments. The 0.11 acre lot (smaller than the 0.97 acre average) is reflected in the estimate. The active market in 78130 includes 7 comparable homes priced from $245,000 to $515,000. Recent trends in 78130 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 1334 Carnation LN, New Braunfels TX 78130, with an adjusted value of $351,548; 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