200 Summer Hills, Wimberley TX 78676

The market data from 7 similar recent sales in SUMMER HILLS points to a value of approximately $455,946. To sell within a reasonable timeframe at fair market value, the $447,000 to $465,000 range is where I'd position this. With 1 comparable homes on the market in SUMMER HILLS, this price positions the property as below the only comparable home currently on the market. At 474 sqft smaller than the typical comp, the size difference factors into the valuation. The 1978 construction puts this home 6 years older than the comp average, a factor in the pricing. The active market in SUMMER HILLS includes 1 comparable homes priced from $1,300,000 to $1,300,000. In 78676, home values have fallen approximately 12.3% over the past 6 months. One of the strongest data points is 140 Summer Breeze, Wimberley TX 78676, adjusting to $518,445; with a larger floor plan. 7 comparable transactions in SUMMER HILLS 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