2263 Deer Run RDG, New Braunfels TX 78132

My analysis of 3 comparable properties puts this home's estimated value at $540,817. Based on how the local market is moving, a list price between $525,000 and $557,000 would position this home well. Buyers shopping in RIVER CHASE right now would see this as a well positioned option among 1 comparable homes. The smaller floor plan (309 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.00 acres versus the area average of 1.04) contributes to the valuation. With 1 similar homes currently listed in RIVER CHASE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78132: risen 19.2%. The best comp here is 349 Apex Ave, New Braunfels TX 78132 at an adjusted value of $525,060, a strong comparable. With 3 comparable sales in RIVER CHASE, 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