450 EAGLE NEST DR, Wimberley TX 78676

After reviewing 7 recent transactions in 78676, I estimate this property's value at $688,398. A competitive list price for this home right now would fall in the $675,000 to $702,000 range. This would position the home competitively among 2 active listings in 78676. The 611 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (5.00 acres versus the area average of 1.62) contributes to the valuation. With 2 similar homes currently listed in 78676 (a buyer's market), competition is a factor to consider. Prices in 78676 have fallen 12.3% over the last 6 months. A similar home at 1300 Flite Acres RD, Wimberley TX 78676 carries an adjusted comparable value of $1,468,348, providing a strong data point. With 7 comparable sales in 78676, 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