Reviewing the most recent comparable transactions, this home's market value falls around $443,880. For a well positioned listing in WOODCREEK, I'd target the $548,000 to $573,000 range. In the current WOODCREEK market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1978 construction puts this home 17 years older than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.32 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in WOODCREEK, listed between $495,000 and $639,900. Recent trends in WOODCREEK show home values have risen 9.4% since 6 months ago. The most comparable recent sale is 40 Brookhollow DR, Wimberley TX 78676, with an adjusted value of $512,773; with a larger floor plan. 7 comparable transactions in WOODCREEK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group