944 N Liberty Ave, New Braunfels TX 78130

The estimated value of this property is $446,232, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $230,000 and $240,000. Against 7 similar active listings in 78130, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1954, this home is 32 years older than the average comp, which is reflected in the adjustments. The 0.14 acre lot (smaller 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 fallen 1.1% since 6 months ago. The most comparable recent sale is 267 W Edgewater TER, New Braunfels TX 78130, with an adjusted value of $648,330; with a smaller floor plan. 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