868 W Merriweather ST, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $294,011. A competitive list price for this home right now would fall in the $200,000 to $210,000 range. Buyers shopping in 78130 right now would see this as a well positioned option among 7 comparable homes. At 13 years older than typical comps, the 1959 build date influences the valuation. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. Prices in 78130 have risen 5.2% over the last 6 months. A similar home at 1508 Heather LN, New Braunfels TX 78130 carries an adjusted comparable value of $105,630, providing a strong data point. With 7 comparable sales in 78130, 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