1100 Skyline DR, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $596,341. I'd recommend coming to market at $494,000 to $504,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SKYLINE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (223 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1976, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in SKYLINE; a buyer's market based on recent absorption. The trend in SKYLINE shows prices have fallen 3.8% in the past 6 months. 760 Skyline Ridge Lookout, Wimberley TX 78676 nearby adjusts to $513,168; a strong comparable. 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