The estimated value of this property is $1,132,136, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $672,000 and $682,000. Against 4 similar active listings in RIVER MOUNTAIN RANCH, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Being 307 sqft smaller than the average comparable sale in this area impacts the per square foot value. There are currently 4 similar homes on the market in RIVER MOUNTAIN RANCH, ranging from $699,999 to $2,750,000. Recent trends in RIVER MOUNTAIN RANCH show home values have risen 13.9% since 6 months ago. The most comparable recent sale is 1031 Water Park RD, Wimberley TX 78676, with an adjusted value of $1,164,955; 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
