1040 Ranger RDG, New Braunfels TX 78132

Reviewing the most recent comparable transactions, this home's market value falls around $1,498,528. For a well positioned listing in 78132, I'd target the $1,454,000 to $1,543,000 range. With 1 comparable homes on the market in 78132, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (1,194 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Current inventory shows 1 comparable homes in 78132; a buyer's market based on recent absorption. Recent trends in 78132 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 1207 Porto PT, New Braunfels TX 78132, with an adjusted value of $1,620,431; with a larger floor plan. The 7 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