211 Ranch Estates BLVD, New Braunfels TX 78130

The market data from 7 similar recent sales in 78130 points to a value of approximately $526,217. To sell within a reasonable timeframe at fair market value, the $574,000 to $1,014,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78130. The 1,308 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.01 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 2 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. In 78130, home values have risen approximately 7.8% over the past 6 months. One of the strongest data points is 2430 Dove Crossing DR, New Braunfels TX 78130, adjusting to $418,770; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group