The estimated value of this property is $358,772, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $352,000 and $366,000. Among the similar homes currently available in WC, this price point stands out as competitive. This home's smaller footprint (422 sqft vs the comp average) plays a role in how the market prices it. Built in 1978, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in WC, creating a buyer's market for this price range. Recent trends in 78676 show home values have fallen 9% since 6 months ago. The most comparable recent sale is 85 BROOKHOLLOW DR, Wimberley TX 78676, with an adjusted value of $332,438; with a larger 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