867 Josephine ST, New Braunfels TX 78130

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $542,469. Pricing this home between $378,000 and $388,000 would put it in the competitive sweet spot for RIO VISTA. Relative to what's currently available in RIO VISTA, this home would be the 4th most expensive of 7 comparable homes on the market. The larger floor plan (307 sqft compared to the average comp) is a meaningful differentiator in this price range. Having a pool is a plus; 6 of the 7 comps lacked one. Current inventory shows 7 comparable homes in RIO VISTA; a buyer's market based on recent absorption. Market data shows 78130 prices risen 5% over the last half year. The closest comparable sale, 884 E Torrey ST, New Braunfels TX 78130 at an adjusted $532,800, is with a smaller floor plan. With 7 comparable sales in RIO VISTA, 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