116 Campfire CIR, Wimberley TX 78676

My analysis of 7 comparable properties puts this home's estimated value at $356,426. Based on how the local market is moving, a list price between $463,000 and $519,000 would position this home well. This home's position in the current CAMPFIRE market: the most affordable of 3 comparable homes on the market among comparable properties. At 191 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.30 acres versus the area average of 0.98) contributes to the valuation. Current inventory shows 3 comparable homes in CAMPFIRE; a buyer's market based on recent absorption. The 6 month price trend in 78676: risen 23.3%. The best comp here is 12 Elm Brook DR, Wimberley TX 78676 at an adjusted value of $309,417, a strong comparable. With 7 comparable sales in CAMPFIRE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group