The estimated value of this property is $958,381, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $930,000 and $987,000. Against 5 similar active listings in RIVER MOUNTAIN RANCH, this price point lands at the most affordable of 5 comparable homes on the market. The 5.37 acre lot (smaller than the 5.64 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in RIVER MOUNTAIN RANCH, ranging from $935,000 to $2,250,000. Recent trends in RIVER MOUNTAIN RANCH show home values have risen 52.8% since 6 months ago. The most comparable recent sale is 1031 Water Park RD, Wimberley TX 78676, with an adjusted value of $1,165,081; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group
