Based on 7 closed sales in SADDLERIDGE, the data points to a value around $713,263 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $479,000 to $489,000. This would position the home competitively among 5 active listings in SADDLERIDGE. This home's smaller footprint (128 sqft vs the comp average) plays a role in how the market prices it. Being built in 2017 (13 years newer than comps) is factored into the value estimate. 5 similar homes are currently available in SADDLERIDGE, creating a buyer's market for this price range. Market data shows 78676 prices fallen 6.9% over the last half year. The closest comparable sale, 881 Saddleridge DR, Wimberley TX 78676 at an adjusted $717,958, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in SADDLERIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group