2204 Flite Acres RD, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $1,640,357. For a well positioned listing in FLITE ACRES, I'd target the $1,947,000 to $2,049,000 range. Against 6 similar active listings in FLITE ACRES, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The larger floor plan (353 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.08 acres, the lot is smaller than the 14.24 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in FLITE ACRES, listed between $1,499,000 and $3,950,000. Recent trends in 78676 show home values have risen 18.3% since 6 months ago. The most comparable recent sale is 1050 River Mountain RD # A, Wimberley TX 78676, with an adjusted value of $1,769,325; with a smaller floor plan. 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