1188 Rivercrest DR, New Braunfels TX 78130

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $316,521. To generate strong buyer interest while maximizing value, I'd price this between $310,000 and $323,000. Against 7 similar active listings in 78130, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 267 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.30 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. The trend in 78130 shows prices have risen 1.5% in the past 6 months. 1329 Poppy LN, New Braunfels TX 78130 nearby adjusts to $337,690; with a smaller 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