700 Southriver, Wimberley TX 78676

My analysis of 7 comparable properties puts this home's estimated value at $1,459,241. Based on how the local market is moving, a list price between $572,000 and $582,000 would position this home well. This home's position in the current SOUTH RIVER market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (191 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (4.13 acres versus the area average of 6.88) contributes to the valuation. Current inventory shows 4 comparable homes in SOUTH RIVER; a buyer's market based on recent absorption. The 6 month price trend in 78676: risen 5.2%. The best comp here is 400 Hillview RD, Wimberley TX 78676 at an adjusted value of $1,439,900, with a larger floor plan. The comp data here (7 sales in SOUTH RIVER) 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