1055 Rivertree DR, New Braunfels TX 78130

Based on 7 closed sales in 78130, the data points to a value around $258,898 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $290,000 to $304,000. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in 78130's current inventory. Being built in 1997 (8 years older than comps) is factored into the value estimate. Lot size matters here: 0.19 acres versus 0.24 for the typical comp. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Market data shows 78130 prices risen 4.8% over the last half year. The closest comparable sale, 2221 Stoneleigh DR, New Braunfels TX 78130 at an adjusted $266,129, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus