1243 River Acres DR, New Braunfels TX 78130

Taking into account 7 nearby comparable sales, this property's estimated value comes to $484,434. If we were to list this property today, I'd recommend a list price in the $391,000 to $401,000 range. This would position the home competitively among 7 active listings in 78130. This home's larger footprint (354 sqft vs the comp average) plays a role in how the market prices it. Being built in 1966 (41 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78130; a buyer's market based on recent absorption. The 6 month price trend in 78130: risen 5%. The best comp here is 598 Summersweet RD, New Braunfels TX 78130 at an adjusted value of $373,212, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78130. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group