2227 Ranch Loop DR, New Braunfels TX 78132

Based on 7 closed sales in 78132, the data points to a value around $1,084,036 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $922,000 to $932,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in 78132's current inventory. The 698 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 1.01 acres versus 1.16 for the typical comp. With 3 similar homes currently listed in 78132 (a buyer's market), competition is a factor to consider. Market data shows 78132 prices risen 11.3% over the last half year. The closest comparable sale, 464 Paradise HLS, New Braunfels TX 78132 at an adjusted $1,459,667, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78132. 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