3315 Ranch Road 1623 RD, Blanco TX 78606

Reviewing the most recent comparable transactions, this home's market value falls around $336,364. For a well positioned listing in 78606, I'd target the $491,000 to $498,000 range. In the current 78606 market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The 1988 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 5.39 acres, the lot is larger than the 0.82 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78606; a buyer's market based on recent absorption. Recent trends in 78606 show home values have risen 35.7% since 6 months ago. The most comparable recent sale is 384 Sunset RDG, Blanco TX 78606, with an adjusted value of $568,373; with a smaller 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