7 recent sales in the surrounding area of this address suggest a current value of $599,198. My recommended list price range for this property would be $420,000 to $430,000. Among the similar homes currently available in 78676, this price point stands out as competitive. At 1,017 sqft smaller than the typical comp, the size difference factors into the valuation. The 30.30 acre lot (larger than the 2.18 acre average) is reflected in the estimate. 2 similar homes are currently available in 78676, creating a buyer's market for this price range. In 78676, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 1401 Red Hawk RD, Wimberley TX 78676, adjusting to $976,922; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group