51 Sprucewood DR, Wimberley TX 78676

Based on 7 closed sales in WOODCREEK, the data points to a value around $456,772 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $482,000 to $486,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in WOODCREEK's current inventory. Being built in 2001 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.77 acres versus 0.29 for the typical comp. With 3 similar homes currently listed in WOODCREEK (a buyer's market), competition is a factor to consider. Market data shows WOODCREEK prices risen 2.5% over the last half year. The closest comparable sale, 55 Ridgewood CIR, Wimberley TX 78676 at an adjusted $392,564, is with a larger floor plan. This estimate draws on 7 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