746 W Merriweather ST, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $293,661. For a well positioned listing in 78130, I'd target the $248,000 to $258,000 range. Against 7 similar active listings in 78130, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. The 1957 construction puts this home 35 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in 78130, ranging from $225,000 to $415,000. Recent trends in 78130 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 1508 Heather LN, New Braunfels TX 78130, with an adjusted value of $123,988; with a smaller floor plan and no pool. 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