1528 Backbone RDG, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $1,842,557. For a well positioned listing in BLANCO VALLEY RANCHES, I'd target the $788,000 to $798,000 range. Among the similar homes currently available in BLANCO VALLEY RANCHES, this price point stands out as competitive. This home's smaller footprint (483 sqft vs the comp average) plays a role in how the market prices it. The 2014 construction puts this home 10 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in BLANCO VALLEY RANCHES, listed between $775,000 and $1,500,000. Recent trends in 78676 show home values have risen 23.3% since 6 months ago. The most comparable recent sale is 140 Oak Terrace DR, Wimberley TX 78676, with an adjusted value of $1,568,273; 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