850 Castle HL, New Braunfels TX 78130

Based on 6 closed sales in 78130, the data points to a value around $350,897 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $302,000 to $312,000. This pricing would rank the home as the 2nd most expensive of 5 comparable homes on the market in 78130's current inventory. The 121 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.28 acres versus 0.22 for the typical comp. Current inventory shows 5 comparable homes in 78130; a buyer's market based on recent absorption. Market data shows 78130 prices risen 7.8% over the last half year. The closest comparable sale, 518 Walnut Heights BLVD, New Braunfels TX 78130 at an adjusted $339,574, is with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in 78130. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group