2020 Rainbow Ranch DR, Wimberley TX 78676

Based on 7 closed sales in RAINBOW RANCH, the data points to a value around $694,195 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $514,000 to $524,000. This home's position in the current RAINBOW RANCH market: the most expensive of 2 comparable homes on the market among comparable properties. The 712 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 8.99 acres versus 7.73 for the typical comp. Buyers in RAINBOW RANCH have 2 comparable options right now, with asking prices between $495,000 and $674,990. Market data shows 78676 prices fallen 2.9% over the last half year. The closest comparable sale, 700 S Rainbow Ranch RD, Wimberley TX 78676 at an adjusted $688,932, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in RAINBOW RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group