47 Palmer LN, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $416,741. For a well positioned listing in WOODCREEK, I'd target the $408,000 to $425,000 range. Against 3 similar active listings in WOODCREEK, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Being 104 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in WOODCREEK; a buyer's market based on recent absorption. Recent trends in WOODCREEK show home values have fallen 11.4% since 6 months ago. The most comparable recent sale is 21 Par View DR, Wimberley TX 78676, with an adjusted value of $395,062; a strong comparable. The 4 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