501 Valley Ridge RD, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $548,976. For a well positioned listing in LEDGEROCK, I'd target the $399,000 to $409,000 range. In the current LEDGEROCK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1999 construction puts this home 12 years older than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 1.07 acre comp average, which factors into pricing. 7 similar homes are currently available in LEDGEROCK, creating a buyer's market for this price range. Recent trends in 78676 show home values have risen 18.3% since 6 months ago. The most comparable recent sale is 207 Round Rock RD, Wimberley TX 78676, with an adjusted value of $764,680; 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