2825 Elm Terrace LN, Wimberley TX 78676

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $987,738. Pricing this home between $437,000 and $447,000 would put it in the competitive sweet spot for SETTLERS RIDGE. This would position the home competitively among 7 active listings in SETTLERS RIDGE. Being 1,390 sqft smaller than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 4 of the 4 comps lacked one. Current inventory shows 7 comparable homes in SETTLERS RIDGE; a buyer's market based on recent absorption. Market data shows SETTLERS RIDGE prices fallen 3.2% over the last half year. The closest comparable sale, 1031 Water Park RD, Wimberley TX 78676 at an adjusted $1,134,210, is with a larger floor plan and no pool. The comp data here (4 sales in SETTLERS RIDGE) 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