855 Porter ST, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $287,705. For a well positioned listing in 78130, I'd target the $225,000 to $235,000 range. With 3 comparable homes on the market in 78130, this price positions the property as the most expensive of 3 comparable homes on the market. At 418 sqft smaller than the typical comp, the size difference factors into the valuation. The 1927 construction puts this home 50 years older than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in 78130, listed between $229,000 and $259,500. Recent trends in 78130 show home values have risen 1.4% since 6 months ago. The most comparable recent sale is 111 Basel ST, New Braunfels TX 78130, with an adjusted value of $299,938; with a larger floor plan. 7 comparable transactions in 78130 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