2300 River RD, Wimberley TX 78676

After reviewing 3 recent transactions in RIVER MEADOWS, I estimate this property's value at $534,800. A competitive list price for this home right now would fall in the $524,000 to $545,000 range. Relative to what's currently available in RIVER MEADOWS, this home would be the 3rd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1996 build date influences the valuation. The larger lot (1.90 acres versus the area average of 0.99) contributes to the valuation. With 7 similar homes currently listed in RIVER MEADOWS (a buyer's market), competition is a factor to consider. Prices in 78676 have fallen 9.7% over the last 6 months. A similar home at 106 Freedom DR, Wimberley TX 78676 carries an adjusted comparable value of $537,843, providing a strong data point. The comp data here (3 sales in RIVER MEADOWS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus