1754 Little Ranches RD, Wimberley TX 78676

After reviewing 7 recent transactions in SUMMER HILLS, I estimate this property's value at $1,341,555. A competitive list price for this home right now would fall in the $960,000 to $970,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SUMMER HILLS's current inventory. This home's larger footprint (159 sqft vs the comp average) plays a role in how the market prices it. At 15 years newer than typical comps, the 2004 build date influences the valuation. Current inventory shows 3 comparable homes in SUMMER HILLS; a buyer's market based on recent absorption. Prices in 78676 have fallen 1.2% over the last 6 months. A similar home at 2908 Flite Acres RD, Wimberley TX 78676 carries an adjusted comparable value of $1,740,642, providing a strong data point. With 7 comparable sales in SUMMER HILLS, 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