Reviewing the most recent comparable transactions, this home's market value falls around $422,518. For a well positioned listing in SKYLINE RANCH ESTATES, I'd target the $195,000 to $205,000 range. Against 7 similar active listings in SKYLINE RANCH ESTATES, this price point lands at the most expensive of 7 comparable homes on the market. Being 727 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1998 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SKYLINE RANCH ESTATES; a buyer's market based on recent absorption. Recent trends in 78676 show home values have risen 22.2% since 6 months ago. The most comparable recent sale is 136 Champion CIR, Wimberley TX 78676, with an adjusted value of $482,552; with a larger floor plan. 7 comparable transactions in SKYLINE RANCH ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
