500 BURNETT RANCH RD, Wimberley TX 78676

The market data from 7 similar recent sales in 78676 points to a value of approximately $374,605. To sell within a reasonable timeframe at fair market value, the $483,000 to $562,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78676. At 144 sqft smaller than the typical comp, the size difference factors into the valuation. The 1994 construction puts this home 13 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78676; a buyer's market based on recent absorption. In 78676, home values have risen approximately 12.6% over the past 6 months. One of the strongest data points is 941 Sandy Point RD # A, Wimberley TX 78676, adjusting to $483,232; a strong comparable. The 7 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