205 River Oaks DR, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $660,438. I'd recommend coming to market at $237,000 to $247,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in RIVER OAKS. The smaller floor plan (1,231 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.24 acre lot (smaller than the 7.41 acre average) is reflected in the estimate. With 2 similar homes currently listed in RIVER OAKS (a seller's market), competition is a factor to consider. The trend in RIVER OAKS shows prices have risen 425.5% in the past 6 months. 200 WINDMILL OAKS DR, Wimberley TX 78676 nearby adjusts to $595,553; with a larger floor plan. With 4 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