425 E Summit DR, Wimberley TX 78676

After reviewing 5 recent transactions in CYPRESS CREEK ACRES, I estimate this property's value at $551,429. A competitive list price for this home right now would fall in the $275,000 to $285,000 range. This would position the home competitively among 7 active listings in CYPRESS CREEK ACRES. The smaller floor plan (183 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years older than typical comps, the 1980 build date influences the valuation. With 7 similar homes currently listed in CYPRESS CREEK ACRES (a buyer's market), competition is a factor to consider. Prices in 78676 have risen 17.6% over the last 6 months. A similar home at 209 E Meadow LN, Wimberley TX 78676 carries an adjusted comparable value of $578,450, providing a strong data point. With 5 comparable sales in CYPRESS CREEK ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group