110 Cedar Bend RD, Wimberley TX 78676

The estimated value of this property is $855,324, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $844,000 and $939,000. Against 2 similar active listings in BURNETT RANCH, this price point lands at the most affordable of 2 comparable homes on the market. The larger floor plan (548 sqft compared to the average comp) is a meaningful differentiator in this price range. The 4.86 acre lot (larger than the 3.92 acre average) is reflected in the estimate. Right now, 2 similar properties are competing for buyers in BURNETT RANCH, listed between $899,000 and $4,495,000. Recent trends in BURNETT RANCH show home values have fallen 9.4% since 6 months ago. The most comparable recent sale is 5675 Mustang Valley TRL, Wimberley TX 78676, with an adjusted value of $1,767,469; with a larger floor plan. With 7 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