242 Ferryboat LN, New Braunfels TX 78130

My analysis of 7 comparable properties puts this home's estimated value at $557,357. Based on how the local market is moving, a list price between $221,000 and $231,000 would position this home well. Buyers shopping in 78130 right now would see this as a well positioned option among 7 comparable homes. The larger lot (1.40 acres versus the area average of 0.23) contributes to the valuation. The active market in 78130 includes 7 comparable homes priced from $224,900 to $420,000. The 6 month price trend in 78130: risen 8.7%. The best comp here is 2298 Sungate DR, New Braunfels TX 78130 at an adjusted value of $490,095, a strong comparable. With 7 comparable sales in 78130, 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