2207 Mount Sharp RD, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $367,370. For a well positioned listing in 78676, I'd target the $275,000 to $285,000 range. Against 7 similar active listings in 78676, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2002 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.60 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78676 (a buyer's market), competition is a factor to consider. Recent trends in 78676 show home values have risen 17.2% since 6 months ago. The most comparable recent sale is 190 Shady Bluff DR, Wimberley TX 78676, with an adjusted value of $392,289; a strong comparable. The 3 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