1550 S Rainbow Ranch RD, Wimberley TX 78676

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $947,010. To generate strong buyer interest while maximizing value, I'd price this between $804,000 and $844,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in RAINBOW RANCH. At 142 sqft larger than the typical comp, the size difference factors into the valuation. At 11.34 acres, the lot is larger than the 4.19 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in RAINBOW RANCH, listed between $795,000 and $1,400,000. The trend in 78676 shows prices have risen 15.2% in the past 6 months. 744 Canna Lily CIR, Driftwood TX 78619 nearby adjusts to $789,236; a strong comparable. 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