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Market Conditions in New Braunfels : Real Estate Advice

  • All178
  • Local Info28
  • Home Buying52
  • Home Selling12
  • Market Conditions8

Activity 8
Sun Jul 28, 2013
Kelle Wirt answered:
Hello Wendy,

It is about 10 minutes to the Comal and 15-20 to the Guadalupe in traffic. Let me know if I can help you look at this darling home. It is in a great area and great school district.

Kelle WIrt
REMAX River Cities
... more
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Fri May 17, 2013
BHHS- Don Johnson answered:
is that what you are looking to get on a potential investment property or do you have a subject property in mind?
1 vote 3 answers Share Flag
Thu Jan 10, 2013
Maureen Shanklin answered:
Vacation rental market in New Braunfels around Schlitterbahn and the Comal river is hot! You can't go wrong. Please feel free to shoot me an email if you are interested in receiving some current properties for sale.

Maureen Shanklin, Professional Real Estate Broker
(512) 517-5735
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Fri Apr 6, 2012
Mary Smith answered:
The last home that sold in your area was a home listed at 2062 Katy. It was an older home built in the 1920's. It sold for $87,850. I believe the charm of the older home probably gave it it's value. Your home was last listed for $92,000 with a reduction to $89,900. I think if you would have started in the upper $80's you might have sold it. In today's market you would be looking at the upper $70's to low $80's for a sales price. Hope this helps... Mary ... more
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Tue Feb 8, 2011
Hugh answered:
Great for the buyer, poor for the seller. My homes value per comparable home sales has lost many, many thousands in value. Too many years to regain the loss. .
0 votes 9 answers Share Flag
Wed Nov 18, 2009
Sean Dawes answered:

Here in my market there is enough land on the market to last for like 5 years worth of buyers at the current rate.

If a local realtor chimes in, can you post up the number of settled pieces of land in say the past 3 months? ... more
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Thu Nov 29, 2007
Bruce Lynn answered:
You might also check with some of the B&B associations to see if they have any multiples. I think it depends on how you look at the property to determine value. If it is really an operating business and that's how you want to value it, then the best way is discounted cash flow using the Steve Rushmore method from HVS. That's the way most hotels are valued. However many B&Bs I've seen aren't actually businesses, but more like hobbies, so you might only want to value the real estate purchase and not the "business" part of it...which I think you might could do unless the property is very unique. Good Luck. ... more
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Market Conditions in New Braunfels Zip Codes