140 Sunrise Canyon RD, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $1,067,995. For a well positioned listing in SKYLINE RANCH ESTATES, I'd target the $885,000 to $895,000 range. In the current SKYLINE RANCH ESTATES market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's larger footprint (149 sqft vs the comp average) plays a role in how the market prices it. At 3.07 acres, the lot is smaller than the 3.38 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in SKYLINE RANCH ESTATES; a buyer's market based on recent absorption. Recent trends in 78676 show home values have risen 25% since 6 months ago. The most comparable recent sale is 760 Skyline Ridge Lookout, Wimberley TX 78676, with an adjusted value of $594,533; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group