1601 Little Ranches RD, Wimberley TX 78676

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $482,822. To generate strong buyer interest while maximizing value, I'd price this between $406,000 and $416,000. Against 2 similar active listings in SUMMER HILLS, this price point lands at the most expensive of 2 comparable homes on the market. At 739 sqft smaller than the typical comp, the size difference factors into the valuation. At 3.88 acres, the lot is larger than the 1.35 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in SUMMER HILLS, listed between $399,000 and $1,300,000. The trend in 78676 shows prices have fallen 2.9% in the past 6 months. 140 Summer Breeze, Wimberley TX 78676 nearby adjusts to $518,445; 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