501 W Summit DR, Wimberley TX 78676

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $469,073. Pricing this home between $347,000 and $357,000 would put it in the competitive sweet spot for HILLCROFT. Relative to what's currently available in HILLCROFT, this home would be the most expensive of 6 comparable homes on the market. At 10 years older than typical comps, the 1983 build date influences the valuation. The smaller lot (0.42 acres versus the area average of 1.69) contributes to the valuation. With 6 similar homes currently listed in HILLCROFT (a buyer's market), competition is a factor to consider. Market data shows 78676 prices fallen 2.5% over the last half year. The closest comparable sale, 19 Deerfield DR # 2, Wimberley TX 78676 at an adjusted $258,752, is a strong comparable. With 7 comparable sales in HILLCROFT, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group