115 Cedar Springs DR, Wimberley TX 78676

The estimated value of this property is $502,334, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $275,000 and $285,000. Against 6 similar active listings in CEDAR SPGS I & II, this price point lands at the 3rd least expensive of 6 comparable homes on the market. The pool is a standout feature, with 7 of 7 comparable homes not offering one. The 0.88 acre lot (smaller than the 2.63 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in CEDAR SPGS I & II, listed between $290,000 and $1,595,000. Recent trends in 78676 show home values have risen 19.2% since 6 months ago. The most comparable recent sale is 225 Cedar Springs DR, Wimberley TX 78676, with an adjusted value of $376,238; with a smaller floor plan and no pool. 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