58 Cypress PT, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $503,272. For a well positioned listing in 78676, I'd target the $493,000 to $513,000 range. Against 7 similar active listings in 78676, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 114 sqft larger than the typical comp, the size difference factors into the valuation. The 1984 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in 78676, creating a buyer's market for this price range. Recent trends in 78676 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 66 Woodcreek DR, Wimberley TX 78676, with an adjusted value of $509,817; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group