1440 Country Ridge DR, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $794,504 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $524,000 to $534,000. This home's position in the current 78132 market: the most expensive of 5 comparable homes on the market among comparable properties. Being built in 1997 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.54 acres versus 1.09 for the typical comp. Current inventory shows 5 comparable homes in 78132; a buyer's market based on recent absorption. Market data shows 78132 prices risen 23.5% over the last half year. The closest comparable sale, 1832 Sunnybrook DR, New Braunfels TX 78130 at an adjusted $710,367, is with a smaller 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