500 N Market ST # 115, New Braunfels TX 78130

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $330,579. Pricing this home between $177,000 and $187,000 would put it in the competitive sweet spot for RIVER RUN. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in RIVER RUN's current inventory. This home's smaller footprint (225 sqft vs the comp average) plays a role in how the market prices it. At 10 years newer than typical comps, the 1983 build date influences the valuation. Current inventory shows 5 comparable homes in RIVER RUN; a buyer's market based on recent absorption. Market data shows 78130 prices risen 4.8% over the last half year. The closest comparable sale, 500 N Market ST # 318, New Braunfels TX 78130 at an adjusted $320,045, is with a pool. With 7 comparable sales in RIVER RUN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group