401 River RD, Wimberley TX 78676

After reviewing 7 recent transactions in 78676, I estimate this property's value at $1,057,657. A competitive list price for this home right now would fall in the $633,000 to $643,000 range. Relative to what's currently available in 78676, this home would be the most expensive of 3 comparable homes on the market. Being 117 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (1.02 acres versus the area average of 1.92) contributes to the valuation. With 3 similar homes currently listed in 78676 (a buyer's market), competition is a factor to consider. Prices in 78676 have fallen 2.9% over the last 6 months. A similar home at 20 Meridian DR, Wimberley TX 78676 carries an adjusted comparable value of $844,843, providing a strong data point. The comp data here (7 sales in 78676) 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