1 Cypress PT, Wimberley TX 78676

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $337,490. I'd recommend coming to market at $359,000 to $364,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in CYPRESS POINT, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Built in 1984, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.11 acre lot (smaller than the 0.15 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in CYPRESS POINT; a buyer's market based on recent absorption. The trend in 78676 shows prices have risen 23.3% in the past 6 months. 7 WOODVIEW CT, Wimberley TX 78676 nearby adjusts to $363,792; with a larger floor plan. With 3 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