857 W Mill ST, New Braunfels TX 78130

The estimated value of this property is $375,171, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $307,000 and $317,000. Against 7 similar active listings in 78130, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Built in 1936, this home is 57 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Recent trends in 78130 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 805 Summerwood DR, New Braunfels TX 78130, with an adjusted value of $398,720; a strong comparable. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX