5319 Park Overlook, Schertz TX 78108

The market data from 7 similar recent sales in 78108 points to a value of approximately $424,349. To sell within a reasonable timeframe at fair market value, the $412,000 to $437,000 range is where I'd position this. With 1 comparable homes on the market in 78108, this price positions the property as below the only comparable home currently on the market. This home's smaller footprint (412 sqft vs the comp average) plays a role in how the market prices it. The 2023 construction puts this home 15 years newer than the comp average, a factor in the pricing. Right now, 1 similar properties are competing for buyers in 78108, listed between $445,000 and $445,000. In 78108, home values have fallen approximately 29.5% over the past 6 months. One of the strongest data points is 6341 Hibiscus, New Braunfels TX 78132, adjusting to $173,495; a strong comparable. 7 comparable transactions in 78108 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