940 Mary Preiss DR, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $480,369. For a well positioned listing in 78132, I'd target the $366,000 to $376,000 range. Among the similar homes currently available in 78132, this price point stands out as competitive. At 208 sqft smaller than the typical comp, the size difference factors into the valuation. The 1977 construction puts this home 6 years older than the comp average, a factor in the pricing. Buyers in 78132 have 6 comparable options right now, with asking prices between $424,900 and $1,299,000. Recent trends in 78132 show home values have risen 19% since 6 months ago. The most comparable recent sale is 305 E Tanglewood DR, New Braunfels TX 78130, with an adjusted value of $498,223; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group