1115 Ranch Road 1492, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $372,681. I'd recommend coming to market at $404,000 to $416,000 to strike the right balance between value and market velocity. With 2 comparable homes on the market in 78676, this price positions the property as the most affordable of 2 comparable homes on the market. The 272 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1980, this home is 20 years older than the average comp, which is reflected in the adjustments. The active market in 78676 includes 2 comparable homes priced from $399,000 to $1,300,000. The trend in 78676 shows prices have fallen 6.9% in the past 6 months. 84 Champion CIR, Wimberley TX 78676 nearby adjusts to $348,243; 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