7 Concha Canyon ST, Wimberley TX 78676

The market data from 7 similar recent sales in EAGLE ROCK RANCHITOS points to a value of approximately $435,487. To sell within a reasonable timeframe at fair market value, the $306,000 to $316,000 range is where I'd position this. Against 7 similar active listings in EAGLE ROCK RANCHITOS, this price point lands at the most expensive of 7 comparable homes on the market. The 1983 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.67 acres, the lot is smaller than the 1.08 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in EAGLE ROCK RANCHITOS; a buyer's market based on recent absorption. In 78676, home values have fallen approximately 2.9% over the past 6 months. One of the strongest data points is 8 Palo Pinto PATH, Wimberley TX 78676, adjusting to $507,971; a strong comparable. 7 comparable transactions in EAGLE ROCK RANCHITOS 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