817 Shady HOLW, New Braunfels TX 78132

After reviewing 3 recent transactions in 78132, I estimate this property's value at $657,214. A competitive list price for this home right now would fall in the $718,000 to $729,000 range. Buyers shopping in 78132 right now would see this as a well positioned option among 3 comparable homes. The smaller lot (1.01 acres versus the area average of 1.11) contributes to the valuation. Current inventory shows 3 comparable homes in 78132; a buyer's market based on recent absorption. Prices in 78132 have risen 16.8% over the last 6 months. A similar home at 131 Chase Oaks DR, New Braunfels TX 78132 carries an adjusted comparable value of $718,263, providing a strong data point. With 3 comparable sales in 78132, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group