1200 S Rainbow Ranch RD, Wimberley TX 78676

The market data from 7 similar recent sales in RAINBOW RANCH points to a value of approximately $827,376. To sell within a reasonable timeframe at fair market value, the $1,178,000 to $1,255,000 range is where I'd position this. Among the similar homes currently available in RAINBOW RANCH, this price point stands out as competitive. The 421 sqft size difference versus comparable sales is reflected in the adjusted values. The 1997 construction puts this home 5 years newer than the comp average, a factor in the pricing. 2 similar homes are currently available in RAINBOW RANCH, creating a buyer's market for this price range. In 78676, home values have risen approximately 23.3% over the past 6 months. One of the strongest data points is 1910 S Rainbow Ranch RD, Wimberley TX 78676, adjusting to $1,254,949; with a smaller floor plan. 7 comparable transactions in RAINBOW 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