116 Cascade TRL, Wimberley TX 78666

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $586,364. To generate strong buyer interest while maximizing value, I'd price this between $569,000 and $604,000. In the current SUMMER MOUNTAIN RANCH market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's smaller footprint (130 sqft vs the comp average) plays a role in how the market prices it. At 5.00 acres, the lot is larger than the 4.63 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in SUMMER MOUNTAIN RANCH; a buyer's market based on recent absorption. The trend in 78666 shows prices have fallen 13% in the past 6 months. 8054 Stone Mountain TRL, San Marcos TX 78666 nearby adjusts to $718,742; with a larger floor plan. 3 comparable transactions in SUMMER MOUNTAIN RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group