17520 Ranch Road 12, Wimberley TX 78676

The estimated value of this property is $420,384, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $282,000 and $292,000. Against 7 similar active listings in WIMBERLEY HEIGHTS RANCHES, this price point lands at the most expensive of 7 comparable homes on the market. Built in 1981, this home is 16 years older than the average comp, which is reflected in the adjustments. The 3.44 acre lot (larger than the 1.45 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in WIMBERLEY HEIGHTS RANCHES; a buyer's market based on recent absorption. Recent trends in 78676 show home values have risen 23.3% since 6 months ago. The most comparable recent sale is 8 Spalding CIR, Wimberley TX 78676, with an adjusted value of $335,766; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group