320 Rio DR, New Braunfels TX 78130

The estimated value of this property is $417,143, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $343,000 and $353,000. In the current 78130 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 237 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1973, this home is 24 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 78130, creating a buyer's market for this price range. Recent trends in 78130 show home values have risen 3% since 6 months ago. The most comparable recent sale is 965 Rio Verde, New Braunfels TX 78130, with an adjusted value of $399,411; 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