The comparable sales data (6 recent transactions in SOUTH RIVER) supports an estimated value of $865,503. The data suggests a list price between $690,000 and $700,000 would attract qualified buyers without leaving money on the table. This home's position in the current SOUTH RIVER market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (306 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.39 acres versus 1.83 for the typical comp. Right now, 7 similar properties are competing for buyers in SOUTH RIVER, listed between $650,000 and $1,749,000. Prices in 78676 have risen 16.8% over the last 6 months. A similar home at 1031 Water Park RD, Wimberley TX 78676 carries an adjusted comparable value of $1,126,156, providing a strong data point. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus