601 Deer Lake RD, Wimberley TX 78676

The estimated value of this property is $893,886, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,483,000 and $1,603,000. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in DEER LAKE ESTATES. Being 316 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1976, this home is 11 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in DEER LAKE ESTATES; a buyer's market based on recent absorption. Recent trends in 78676 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 505 Deer Lake RD, Wimberley TX 78676, with an adjusted value of $1,481,454; with a smaller floor plan. 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