715 Rabbit, Wimberley TX 78676

After reviewing 6 recent transactions in 78676, I estimate this property's value at $985,855. A competitive list price for this home right now would fall in the $848,000 to $858,000 range. Buyers shopping in 78676 right now would see this as a well positioned option among 2 comparable homes. The smaller floor plan (593 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (10.31 acres versus the area average of 17.96) contributes to the valuation. 2 similar homes are currently available in 78676, creating a buyer's market for this price range. Prices in 78676 have fallen 2.9% over the last 6 months. A similar home at 1231 Montell RD, Wimberley TX 78676 carries an adjusted comparable value of $718,786, providing a strong data point. With 6 comparable sales in 78676, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group