7940 FM 306 # 40, New Braunfels TX 78132

After reviewing 7 recent transactions in 78132, I estimate this property's value at $559,497. A competitive list price for this home right now would fall in the $548,000 to $571,000 range. This pricing would rank the home as no active comparable homes on the market in 78132's current inventory. At 476 sqft smaller than the typical comp, the size difference factors into the valuation. The smaller lot (0.20 acres versus the area average of 2.82) contributes to the valuation. Prices in 78132 have fallen 9.4% over the last 6 months. A similar home at 689 River RUN, New Braunfels TX 78132 carries an adjusted comparable value of $342,305, providing a strong data point. The comp data here (7 sales in 78132) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus