401 Ridge Oak DR, Wimberley TX 78676

Based on 7 closed sales in RIVER OAKS OF WIMBERLEY, the data points to a value around $456,041 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $515,000 to $556,000. This home's position in the current RIVER OAKS OF WIMBERLEY market: the most affordable of 2 comparable homes on the market among comparable properties. Being built in 1989 (9 years older than comps) is factored into the value estimate. Lot size matters here: 1.74 acres versus 1.25 for the typical comp. With 2 similar homes currently listed in RIVER OAKS OF WIMBERLEY (a buyer's market), competition is a factor to consider. Market data shows 78676 prices risen 18.5% over the last half year. The closest comparable sale, 21 Par View DR, Wimberley TX 78676 at an adjusted $405,590, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVER OAKS OF WIMBERLEY. 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