138 Northridge, New Braunfels TX 78132

The estimated value of this property is $867,280, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $675,000 and $685,000. With 3 comparable homes on the market in RIVER CHASE, this price positions the property as the most expensive of 3 comparable homes on the market. The larger floor plan (317 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.35 acre lot (larger than the 1.03 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in RIVER CHASE, ranging from $635,000 to $899,000. Recent trends in 78132 show home values have risen 20.2% since 6 months ago. The most comparable recent sale is 131 Chase Oaks DR, New Braunfels TX 78132, with an adjusted value of $775,538; with a smaller floor plan. Based on 5 relevant data points in RIVER CHASE, 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