311 E Torrey ST, New Braunfels TX 78130

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $395,689. I'd recommend coming to market at $178,000 to $188,000 to strike the right balance between value and market velocity. Among the similar homes currently available in RIO VISTA, this price point stands out as competitive. Being 652 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1953, this home is 21 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in RIO VISTA (a buyer's market), competition is a factor to consider. The trend in 78130 shows prices have risen 6% in the past 6 months. 267 W Edgewater TER, New Braunfels TX 78130 nearby adjusts to $550,805; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group