The market data from 7 similar recent sales in 78676 points to a value of approximately $587,744. To sell within a reasonable timeframe at fair market value, the $470,000 to $480,000 range is where I'd position this. In the current 78676 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Right now, 4 similar properties are competing for buyers in 78676, listed between $436,000 and $549,999. In 78676, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 201 W View DR, Wimberley TX 78676, adjusting to $563,414; with a larger floor plan. The 7 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