279 River Park DR, New Braunfels TX 78130

The estimated value of this property is $629,010, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $226,000 and $236,000. In the current 78130 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 332 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2013, this home is 10 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78130 (a buyer's market), competition is a factor to consider. Recent trends in 78130 show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 2298 Sungate DR, New Braunfels TX 78130, with an adjusted value of $486,396; a strong comparable. Based on 7 relevant data points in 78130, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX