401 LEDGEROCK RD, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $589,304. I'd recommend coming to market at $420,000 to $430,000 to strike the right balance between value and market velocity. In the current LEDGEROCK market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 210 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1995, this home is 13 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in LEDGEROCK, ranging from $383,000 to $765,000. The trend in 78676 shows prices have risen 25.5% in the past 6 months. 207 Round Rock RD, Wimberley TX 78676 nearby adjusts to $858,414; with a smaller floor plan. With 7 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