Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $607,342. I'd recommend coming to market at $589,000 to $626,000 to strike the right balance between value and market velocity. Among the similar homes currently available in LOST SPGS, this price point stands out as competitive. This home's larger footprint (197 sqft vs the comp average) plays a role in how the market prices it. Built in 2016, this home is 10 years newer than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in LOST SPGS, creating a buyer's market for this price range. The trend in 78676 shows prices have risen 19.2% in the past 6 months. 100 Lost Falls CV, Wimberley TX 78676 nearby adjusts to $533,412; with a smaller 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
