2701 Lariat RDG, New Braunfels TX 78132

The market data from 7 similar recent sales in 78132 points to a value of approximately $911,218. To sell within a reasonable timeframe at fair market value, the $687,000 to $697,000 range is where I'd position this. With 4 comparable homes on the market in 78132, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. Being 1,027 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2008 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in 78132 includes 4 comparable homes priced from $574,000 to $1,345,000. In 78132, home values have risen approximately 10.3% over the past 6 months. One of the strongest data points is 689 River RUN, New Braunfels TX 78132, adjusting to $509,155; 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