520 Canyon Gap RD, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,413,609. I'd recommend coming to market at $1,198,000 to $1,208,000 to strike the right balance between value and market velocity. In the current 78676 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 550 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 5.00 acre lot (smaller than the 5.56 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78676, listed between $1,175,000 and $2,250,000. The trend in 78676 shows prices have fallen 3.2% in the past 6 months. 101 Sunrise DR, Wimberley TX 78676 nearby adjusts to $1,260,743; with a larger floor plan. Based on 7 relevant data points in 78676, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX