170 Donna DR, Wimberley TX 78676

After reviewing 3 recent transactions in CEDAR RIDGE ESTATE, I estimate this property's value at $552,221. A competitive list price for this home right now would fall in the $298,000 to $308,000 range. This pricing would rank the home as the 3rd most expensive of 5 comparable homes on the market in CEDAR RIDGE ESTATE's current inventory. The larger lot (0.51 acres versus the area average of 0.40) contributes to the valuation. Current inventory shows 5 comparable homes in CEDAR RIDGE ESTATE; a buyer's market based on recent absorption. Prices in 78676 have fallen 10.6% over the last 6 months. A similar home at 34 WOOD GLEN DR, Wimberley TX 78676 carries an adjusted comparable value of $484,222, providing a strong data point. With 3 comparable sales in CEDAR RIDGE ESTATE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group