814 Gumnut GRV, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $698,858. To sell within a reasonable timeframe at fair market value, the $399,000 to $409,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78132. At 103 sqft larger than the typical comp, the size difference factors into the valuation. At 0.82 acres, the lot is larger than the 0.57 acre comp average, which factors into pricing. 5 similar homes are currently available in 78132, creating a buyer's market for this price range. In 78132, home values have risen approximately 15.8% over the past 6 months. One of the strongest data points is 854 Santa Cruz, New Braunfels TX 78132, adjusting to $649,980; with a smaller floor plan. 7 comparable transactions in 78132 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