After reviewing 7 recent transactions in TWIN MOUNTAIN EST #4, I estimate this property's value at $399,711. A competitive list price for this home right now would fall in the $392,000 to $408,000 range. This would position the home competitively among 7 active listings in TWIN MOUNTAIN EST #4. At 18 years older than typical comps, the 1984 build date influences the valuation. The smaller lot (0.34 acres versus the area average of 1.06) contributes to the valuation. Buyers in TWIN MOUNTAIN EST #4 have 7 comparable options right now, with asking prices between $260,000 and $899,000. Prices in 78676 have fallen 10.5% over the last 6 months. A similar home at 34 Pebblebrook LN, Wimberley TX 78676 carries an adjusted comparable value of $383,410, providing a strong data point. With 7 comparable sales in TWIN MOUNTAIN EST #4, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group