Taking into account 3 nearby comparable sales, this property's estimated value comes to $446,712. If we were to list this property today, I'd recommend a list price in the $274,000 to $284,000 range. This would position the home competitively among 7 active listings in 78676. The larger floor plan (238 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1985 (5 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78676, listed between $260,000 and $549,999. The 6 month price trend in 78676: fallen 2.9%. The best comp here is 116 Overlook CIR, Wimberley TX 78676 at an adjusted value of $479,400, with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in 78676. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group