408 Deer Lake ESTS, Wimberley TX 78676

My analysis of 7 comparable properties puts this home's estimated value at $530,196. Based on how the local market is moving, a list price between $520,000 and $541,000 would position this home well. Relative to what's currently available in DEER LAKE ESTATES, this home would be the 2nd least expensive of 5 comparable homes on the market. At 11 years older than typical comps, the 1975 build date influences the valuation. The larger lot (2.67 acres versus the area average of 1.80) contributes to the valuation. With 5 similar homes currently listed in DEER LAKE ESTATES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78676: fallen 7.9%. The best comp here is 140 Summer Breeze, Wimberley TX 78676 at an adjusted value of $613,688, a strong comparable. The comp data here (7 sales in DEER LAKE ESTATES) 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