18 Cypress PT, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $375,463. For a well positioned listing in 78676, I'd target the $395,000 to $418,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78676. The 1980 construction puts this home 22 years older than the comp average, a factor in the pricing. At 0.11 acres, the lot is smaller than the 0.37 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in 78676; a buyer's market based on recent absorption. Recent trends in 78676 show home values have risen 18.3% since 6 months ago. The most comparable recent sale is 7 Rocky RUN, Wimberley TX 78676, with an adjusted value of $319,399; 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