617 Ridge Draw DR, New Braunfels TX 78130

After reviewing 7 recent transactions in 78130, I estimate this property's value at $396,582. A competitive list price for this home right now would fall in the $404,000 to $410,000 range. This home's position in the current 78130 market: the most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (544 sqft compared to the average comp) is a meaningful differentiator in this price range. At 10 years newer than typical comps, the 2017 build date influences the valuation. Right now, 3 similar properties are competing for buyers in 78130, listed between $325,000 and $425,000. Prices in 78130 have risen 5.2% over the last 6 months. A similar home at 2298 Sungate DR, New Braunfels TX 78130 carries an adjusted comparable value of $513,695, providing a strong data point. With 7 comparable sales in 78130, 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