501 CANYON GAP RD, Wimberley TX 78676

The market data from 7 similar recent sales in SADDLERIDGE points to a value of approximately $966,292. To sell within a reasonable timeframe at fair market value, the $1,116,000 to $1,287,000 range is where I'd position this. With 6 comparable homes on the market in SADDLERIDGE, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. Being 174 sqft larger than the average comparable sale in this area impacts the per square foot value. At 5.00 acres, the lot is smaller than the 10.93 acre comp average, which factors into pricing. Buyers in SADDLERIDGE have 6 comparable options right now, with asking prices between $899,000 and $1,994,400. In 78676, home values have fallen approximately 6.9% over the past 6 months. One of the strongest data points is 770 Saddleridge DR, Wimberley TX 78676, adjusting to $749,642; a strong comparable. 7 comparable transactions in SADDLERIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group