124 Falling HLS, New Braunfels TX 78132

Based on 7 closed sales in RIVER CHASE, the data points to a value around $728,745 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $775,000 to $785,000. Relative to what's currently available in RIVER CHASE, this home would be the most expensive of 2 comparable homes on the market. This home's smaller footprint (692 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (7 years newer than comps) is factored into the value estimate. 2 similar homes are currently available in RIVER CHASE, creating a buyer's market for this price range. Market data shows 78132 prices risen 24% over the last half year. The closest comparable sale, 211 Cambridge DR, New Braunfels TX 78132 at an adjusted $484,722, 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