651 Skyline Ridge Lookout, Wimberley TX 78676

After reviewing 7 recent transactions in SKYLINE RANCH ESTATES, I estimate this property's value at $618,107. A competitive list price for this home right now would fall in the $422,000 to $432,000 range. Relative to what's currently available in SKYLINE RANCH ESTATES, this home would be the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (117 sqft vs the comp average) plays a role in how the market prices it. The larger lot (4.80 acres versus the area average of 1.31) contributes to the valuation. With 7 similar homes currently listed in SKYLINE RANCH ESTATES (a buyer's market), competition is a factor to consider. Prices in 78676 have risen 18.3% over the last 6 months. A similar home at 113 Augusta DR, Wimberley TX 78676 carries an adjusted comparable value of $569,088, providing a strong data point. The comp data here (7 sales in SKYLINE RANCH ESTATES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus