18 Rhapsody LN, Wimberley TX 78676

The market data from 5 similar recent sales in WOODCREEK points to a value of approximately $371,630. To sell within a reasonable timeframe at fair market value, the $402,000 to $413,000 range is where I'd position this. With 5 comparable homes on the market in WOODCREEK, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 1988 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 5 similar homes are currently available in WOODCREEK, creating a buyer's market for this price range. In WOODCREEK, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 25 Ranch View TRL, Wimberley TX 78676, adjusting to $412,676; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group