749 Summerwood DR, New Braunfels TX 78130

The market data from 4 similar recent sales in SUMMERWOOD points to a value of approximately $350,813. To sell within a reasonable timeframe at fair market value, the $262,000 to $272,000 range is where I'd position this. With 7 comparable homes on the market in SUMMERWOOD, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (188 sqft vs the comp average) plays a role in how the market prices it. The 1980 construction puts this home 6 years older than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in SUMMERWOOD, listed between $245,000 and $375,000. In 78130, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 1334 Carnation LN, New Braunfels TX 78130, adjusting to $355,344; with a smaller floor plan. 4 comparable transactions in SUMMERWOOD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group