505 River RD, Wimberley TX 78676

The market data from 4 similar recent sales in 78676 points to a value of approximately $707,125. To sell within a reasonable timeframe at fair market value, the $693,000 to $721,000 range is where I'd position this. In the current 78676 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 1.79 acres, the lot is larger than the 1.46 acre comp average, which factors into pricing. Buyers in 78676 have 7 comparable options right now, with asking prices between $398,000 and $1,325,000. In 78676, home values have fallen approximately 11.8% over the past 6 months. One of the strongest data points is 300 Wimberley Hills DR, Wimberley TX 78676, adjusting to $625,620; a strong comparable. 4 comparable transactions in 78676 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