501 Little Ranches RD, Wimberley TX 78676

Wimberley, TX 78676 | Flite Acres Little Ranches

Ed's Opinion of Value

$1,815,405 Ed's Estimate: $2,266,283 $4,300,000
Lowest Comp Recommended List: $2,221,000 to $2,312,000 Highest Comp
The comparable sales data (7 recent transactions in FLITE ACRES LITTLE RANCHES) supports an estimated value of $2,266,283. The data suggests a list price between $2,221,000 and $2,312,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in FLITE ACRES LITTLE RANCHES, this home would be the 4th most expensive of 7 comparable homes on the market. The larger floor plan (225 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 8.03 acres versus 7.96 for the typical comp. The active market in FLITE ACRES LITTLE RANCHES includes 7 comparable homes priced from $1,650,000 to $4,300,000. Prices in 78676 have fallen 7.9% over the last 6 months. A similar home at 125 LAZY L LN, Wimberley TX 78676 carries an adjusted comparable value of $4,255,500, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in FLITE ACRES LITTLE RANCHES. 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
5 Beds
6 Baths
4,645 Sq Ft
8.03 Acres

Location

Property Details

Property Type Residential
County Hays
MLS # 1466884

Listing History

MLS# 6165748 86 days
Sep 8, 2007 Off Market
May 19, 2007 Listed $950

Frequently Asked Questions About 501 Little Ranches RD, Wimberley TX 78676

How much does 501 Little Ranches RD, Wimberley TX 78676 cost?

501 Little Ranches RD, Wimberley TX 78676 sold on March 16, 2007. Contact us for sale price details.

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