15 Cypress PT, Wimberley TX 78676

The market data from 7 similar recent sales in CYPRESS POINT points to a value of approximately $350,275. To sell within a reasonable timeframe at fair market value, the $428,000 to $457,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in CYPRESS POINT. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.06 acres, the lot is smaller than the 0.86 acre comp average, which factors into pricing. With 7 similar homes currently listed in CYPRESS POINT (a buyer's market), competition is a factor to consider. In 78676, home values have risen approximately 19.2% over the past 6 months. One of the strongest data points is 49 Cypress PT, Wimberley TX 78676, adjusting to $372,239; with a smaller floor plan. 7 comparable transactions in CYPRESS POINT 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