111 W SPOKE HILL 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 $689,140. I'd recommend coming to market at $296,000 to $306,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SPOKE HILL, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (281 sqft vs the comp average) plays a role in how the market prices it. Built in 1992, this home is 5 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SPOKE HILL (a buyer's market), competition is a factor to consider. The trend in 78676 shows prices have fallen 2.9% in the past 6 months. 300 Wimberley Hills DR, Wimberley TX 78676 nearby adjusts to $637,757; with a smaller floor plan. Based on 7 relevant data points in SPOKE HILL, 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