Taking into account 6 nearby comparable sales, this property's estimated value comes to $486,145. If we were to list this property today, I'd recommend a list price in the $466,000 to $481,000 range. This would position the home competitively among 3 active listings in WOODCREEK. At 162 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1996 (6 years older than comps) is factored into the value estimate. With 3 similar homes currently listed in WOODCREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in WOODCREEK: fallen 1.7%. The best comp here is 12 Deer Ridge RD, Wimberley TX 78676 at an adjusted value of $451,945, with a smaller floor plan. The strength of this estimate comes from 6 directly comparable sales in WOODCREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group