1062 Northpark RDG, New Braunfels TX 78130

Reviewing the most recent comparable transactions, this home's market value falls around $252,201. For a well positioned listing in 78130, I'd target the $303,000 to $313,000 range. Against 7 similar active listings in 78130, this price point lands at the 3rd least expensive of 7 comparable homes on the market. At 145 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.26 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78130, listed between $212,000 and $370,000. Recent trends in 78130 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 2132 Northcrest DR, New Braunfels TX 78130, with an adjusted value of $217,065; with a larger floor plan. The 3 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