121 S Rainbow Ranch RD, Wimberley TX 78676

Based on 3 closed sales in 78676, the data points to a value around $541,611 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $727,000 to $1,163,000. Relative to what's currently available in 78676, this home would be the most affordable of 3 comparable homes on the market. This home's larger footprint (815 sqft vs the comp average) plays a role in how the market prices it. Being built in 2005 (8 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in 78676; a buyer's market based on recent absorption. Market data shows 78676 prices risen 18.3% over the last half year. The closest comparable sale, 136 Champion CIR, Wimberley TX 78676 at an adjusted $642,259, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus