1575 S Rainbow Ranch RD, Wimberley TX 78676

The market data from 7 similar recent sales in 78676 points to a value of approximately $918,564. To sell within a reasonable timeframe at fair market value, the $891,000 to $946,000 range is where I'd position this. With 1 comparable homes on the market in 78676, this price positions the property as below the only comparable home currently on the market. At 299 sqft smaller than the typical comp, the size difference factors into the valuation. At 7.54 acres, the lot is larger than the 4.61 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in 78676, ranging from $1,174,000 to $1,174,000. In 78676, home values have risen approximately 23.3% over the past 6 months. One of the strongest data points is 1910 S Rainbow Ranch RD, Wimberley TX 78676, adjusting to $1,239,171; with a larger 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