35 Presidio RD, Wimberley TX 78676

This home was listed at $475,000 and was on the market for 30 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $426,307. Here are some factors that may have played a role: The asking price may have been roughly $48,693 above what comparable homes were selling for in this area. At the time, there appear to have been 1 similar homes available at lower price points, which may have given buyers other options. Built in 1970, this home may have faced competition from newer construction in the area priced similarly. The 1970 construction puts this home 39 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is smaller than the 0.39 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group