743 Gristmill # 5A, New Braunfels TX 78130

Based on 3 closed sales in OLD MILL CROSSING TOWNHOMES, the data points to a value around $344,478 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $278,000 to $288,000. Relative to what's currently available in OLD MILL CROSSING TOWNHOMES, this home would be the 2nd most expensive of 3 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. 3 similar homes are currently available in OLD MILL CROSSING TOWNHOMES, creating a buyer's market for this price range. Market data shows 78130 prices risen 1.8% over the last half year. The closest comparable sale, 519 Mallow DR, New Braunfels TX 78130 at an adjusted $260,856, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in OLD MILL CROSSING TOWNHOMES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group