101 Lea LN, Wimberley TX 78676

The market data from 7 similar recent sales in LEA ACRES points to a value of approximately $658,540. To sell within a reasonable timeframe at fair market value, the $251,000 to $261,000 range is where I'd position this. With 7 comparable homes on the market in LEA ACRES, this price positions the property as the most expensive of 7 comparable homes on the market. The 1995 construction puts this home 7 years older than the comp average, a factor in the pricing. At 2.44 acres, the lot is larger than the 1.18 acre comp average, which factors into pricing. The active market in LEA ACRES includes 7 comparable homes priced from $260,000 to $549,999. In 78676, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 106 Freedom DR, Wimberley TX 78676, adjusting to $600,463; a strong comparable. 7 comparable transactions in LEA ACRES 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