642 Ridgeroad DR, New Braunfels TX 78130

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $358,463. Pricing this home between $186,000 and $196,000 would put it in the competitive sweet spot for LAKECREEK. Relative to what's currently available in LAKECREEK, this home would be the most expensive of 6 comparable homes on the market. The smaller floor plan (534 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.37 acres versus the area average of 0.84) contributes to the valuation. With 6 similar homes currently listed in LAKECREEK (a buyer's market), competition is a factor to consider. Market data shows 78130 prices risen 2.1% over the last half year. The closest comparable sale, 936 Ridgeroad DR, New Braunfels TX 78130 at an adjusted $293,251, is with a larger floor plan. The comp data here (7 sales in LAKECREEK) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus