110 Wagonwheel CIR, Wimberley TX 78676

The estimated value of this property is $395,331, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $251,000 and $261,000. Against 5 similar active listings in 78676, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (192 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1986, this home is 8 years older than the average comp, which is reflected in the adjustments. Right now, 5 similar properties are competing for buyers in 78676, listed between $249,000 and $430,000. Recent trends in 78676 show home values have fallen 2.9% since 6 months ago. The most comparable recent sale is 225 Cedar Springs DR, Wimberley TX 78676, with an adjusted value of $306,276; a strong comparable. Based on 7 relevant data points in 78676, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX