550 S Rainbow Ranch RD, Wimberley TX 78676

The estimated value of this property is $437,529, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $565,000 and $617,000. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in RAINBOW RANCH. Built in 1997, this home is 6 years older than the average comp, which is reflected in the adjustments. The 3.49 acre lot (larger than the 1.59 acre average) is reflected in the estimate. The active market in RAINBOW RANCH includes 4 comparable homes priced from $399,000 to $825,000. Recent trends in 78676 show home values have risen 21.6% since 6 months ago. The most comparable recent sale is 1800 N Rainbow Ranch RD, Wimberley TX 78676, with an adjusted value of $565,305; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group