318 River Bend DR, New Braunfels TX 78130

The estimated value of this property is $288,061, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $186,000 and $196,000. In the current 78130 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Built in 1971, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.26 acre lot (smaller than the 0.51 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in 78130, listed between $207,000 and $249,000. Recent trends in 78130 show home values have risen 5% since 6 months ago. The most comparable recent sale is 1229 Lone Star DR, New Braunfels TX 78130, with an adjusted value of $471,985; 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