1407 River Chase DR, New Braunfels TX 78132

After reviewing 7 recent transactions in 78132, I estimate this property's value at $1,258,388. A competitive list price for this home right now would fall in the $1,017,000 to $1,027,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in 78132's current inventory. Being 134 sqft smaller than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 2 of the 7 comps lacked one. There are currently 2 similar homes on the market in 78132, ranging from $875,000 to $1,188,000. Prices in 78132 have risen 26% over the last 6 months. A similar home at 858 Riverforest DR, New Braunfels TX 78132 carries an adjusted comparable value of $1,766,330, providing a strong data point. With 7 comparable sales in 78132, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group