701 Skyline Ridge Lookout, Wimberley TX 78676

Based on 7 closed sales in SKYLINE RANCH ESTATES, the data points to a value around $604,318 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $406,000 to $416,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in SKYLINE RANCH ESTATES's current inventory. The 144 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 5.86 acres versus 1.21 for the typical comp. With 7 similar homes currently listed in SKYLINE RANCH ESTATES (a buyer's market), competition is a factor to consider. Market data shows 78676 prices risen 21.3% over the last half year. The closest comparable sale, 113 Augusta DR, Wimberley TX 78676 at an adjusted $561,270, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SKYLINE RANCH ESTATES. 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