700 Little Ranches RD, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $338,611. For a well positioned listing in FLITE ACRES LITTLE RANCHES, I'd target the $180,000 to $190,000 range. Against 3 similar active listings in FLITE ACRES LITTLE RANCHES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1982 construction puts this home 5 years older than the comp average, a factor in the pricing. At 5.05 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 3 similar homes currently listed in FLITE ACRES LITTLE RANCHES (a buyer's market), competition is a factor to consider. Recent trends in 78676 show home values have risen 17.8% since 6 months ago. The most comparable recent sale is 8 Spalding CIR, Wimberley TX 78676, with an adjusted value of $311,162; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group