Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $654,213. To generate strong buyer interest while maximizing value, I'd price this between $518,000 and $528,000. Against 7 similar active listings in MOUNTAIN CREST, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 455 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.00 acres, the lot is larger than the 0.93 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in MOUNTAIN CREST, listed between $475,000 and $997,000. The trend in MOUNTAIN CREST shows prices have risen 10.2% in the past 6 months. 201 W View DR, Wimberley TX 78676 nearby adjusts to $677,738; with a smaller floor plan. 7 comparable transactions in MOUNTAIN CREST 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