802 Josephine ST, New Braunfels TX 78130

The estimated value of this property is $271,400, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $216,000 and $226,000. In the current RIO VISTA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1979, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.27 acre lot (smaller than the 2.63 acre average) is reflected in the estimate. 7 similar homes are currently available in RIO VISTA, creating a buyer's market for this price range. Recent trends in 78130 show home values have risen 2.3% since 6 months ago. The most comparable recent sale is 1848 W Bridge ST, New Braunfels TX 78130, with an adjusted value of $207,406; a strong comparable. Based on 7 relevant data points in RIO VISTA, 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