551 Booker Ave, New Braunfels TX 78130

The market data from 7 similar recent sales in RIO VISTA points to a value of approximately $428,640. To sell within a reasonable timeframe at fair market value, the $184,000 to $194,000 range is where I'd position this. With 5 comparable homes on the market in RIO VISTA, this price positions the property as the most expensive of 5 comparable homes on the market. The 526 sqft size difference versus comparable sales is reflected in the adjusted values. The 1948 construction puts this home 27 years older than the comp average, a factor in the pricing. Buyers in RIO VISTA have 5 comparable options right now, with asking prices between $175,000 and $595,000. In 78130, home values have risen approximately 7.8% over the past 6 months. One of the strongest data points is 267 W Edgewater TER, New Braunfels TX 78130, adjusting to $587,537; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group