119 Sun RIV, New Braunfels TX 78132

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,199,712. I'd recommend coming to market at $957,000 to $967,000 to strike the right balance between value and market velocity. Against 4 similar active listings in 78132, this price point lands at the most expensive of 4 comparable homes on the market. At 527 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 3 of 3 comparable homes not offering one. Current inventory shows 4 comparable homes in 78132; a buyer's market based on recent absorption. The trend in 78132 shows prices have risen 19% in the past 6 months. 464 Paradise HLS, New Braunfels TX 78132 nearby adjusts to $1,544,668; with a smaller floor plan and no pool. Based on 3 relevant data points in 78132, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX