11 Cypress PT, Wimberley TX 78676

After reviewing 7 recent transactions in 78676, I estimate this property's value at $471,001. A competitive list price for this home right now would fall in the $462,000 to $480,000 range. Relative to what's currently available in 78676, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.62) contributes to the valuation. With 7 similar homes currently listed in 78676 (a buyer's market), competition is a factor to consider. Prices in 78676 have fallen 12.3% over the last 6 months. A similar home at 183 Augusta DR, Wimberley TX 78676 carries an adjusted comparable value of $389,166, providing a strong data point. With 7 comparable sales in 78676, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group