Reviewing the most recent comparable transactions, this home's market value falls around $377,031. For a well positioned listing in WOODCREEK, I'd target the $378,000 to $399,000 range. Among the similar homes currently available in WOODCREEK, this price point stands out as competitive. The smaller floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.33 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. With 3 similar homes currently listed in WOODCREEK (a buyer's market), competition is a factor to consider. Recent trends in WOODCREEK show home values have fallen 5% since 6 months ago. The most comparable recent sale is 190 Shady Bluff DR, Wimberley TX 78676, with an adjusted value of $399,481; with a smaller floor plan. The 6 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