220 Canyon Gap RD, Wimberley TX 78676

The market data from 7 similar recent sales in SADDLERIDGE points to a value of approximately $1,067,335. To sell within a reasonable timeframe at fair market value, the $724,000 to $734,000 range is where I'd position this. With 6 comparable homes on the market in SADDLERIDGE, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. At 5.00 acres, the lot is larger than the 4.45 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in SADDLERIDGE, listed between $650,000 and $1,595,000. In 78676, home values have risen approximately 17.8% over the past 6 months. One of the strongest data points is 770 Saddleridge DR, Wimberley TX 78676, adjusting to $906,123; with a smaller floor plan and no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group