1605 A&B Lone Man Mountain RD, Wimberley TX 78676

The market data from 7 similar recent sales in 78676 points to a value of approximately $1,193,832. To sell within a reasonable timeframe at fair market value, the $865,000 to $875,000 range is where I'd position this. In the current 78676 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. This home's larger footprint (1,195 sqft vs the comp average) plays a role in how the market prices it. At 5.08 acres, the lot is smaller than the 8.72 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78676; a buyer's market based on recent absorption. In 78676, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 1050 River Mountain RD # A, Wimberley TX 78676, adjusting to $1,692,199; a strong comparable. 7 comparable transactions in 78676 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