1006 S Rainbow Ranch RD, Wimberley TX 78676

The market data from 7 similar recent sales in RAINBOW RANCH points to a value of approximately $1,179,047. To sell within a reasonable timeframe at fair market value, the $1,144,000 to $1,214,000 range is where I'd position this. Against 1 similar active listings in RAINBOW RANCH, this price point lands at below the only comparable home currently on the market. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. At 11.32 acres, the lot is larger than the 5.64 acre comp average, which factors into pricing. With 1 similar homes currently listed in RAINBOW RANCH (a buyer's market), competition is a factor to consider. In 78676, home values have risen approximately 17.4% over the past 6 months. One of the strongest data points is 1601 S Rainbow Ranch RD, Wimberley TX 78676, adjusting to $1,255,500; with a larger 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