1231 THOMPSON RANCH RD, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,041,733. I'd recommend coming to market at $673,000 to $683,000 to strike the right balance between value and market velocity. In the current THOMPSON RANCH ESTATE market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (103 sqft vs the comp average) plays a role in how the market prices it. Built in 1998, this home is 15 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in THOMPSON RANCH ESTATE (a buyer's market), competition is a factor to consider. The trend in 78676 shows prices have risen 17% in the past 6 months. 840 Thompson Ranch RD, Wimberley TX 78676 nearby adjusts to $734,777; with a smaller floor plan. 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