501 WATER PARK RD, Wimberley TX 78676

The comparable sales data (4 recent transactions in RIVER MOUNTAIN RANCH) supports an estimated value of $1,602,162. The data suggests a list price between $1,554,000 and $1,650,000 would attract qualified buyers without leaving money on the table. This home's position in the current RIVER MOUNTAIN RANCH market: the 2nd least expensive of 4 comparable homes on the market among comparable properties. At 896 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 5.33 acres versus 5.84 for the typical comp. 4 similar homes are currently available in RIVER MOUNTAIN RANCH, creating a balanced market for this price range. Prices in RIVER MOUNTAIN RANCH have risen 42.6% over the last 6 months. A similar home at 111 Hidden CRK, Wimberley TX 78676 carries an adjusted comparable value of $1,909,613, providing a strong data point. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus