721 Rancho Grande DR, Wimberley TX 78676

Reviewing the most recent comparable transactions, this home's market value falls around $885,158. For a well positioned listing in RANCHO GRANDE, I'd target the $1,086,000 to $1,243,000 range. Against 4 similar active listings in RANCHO GRANDE, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The larger floor plan (318 sqft compared to the average comp) is a meaningful differentiator in this price range. At 3.64 acres, the lot is larger than the 3.35 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in RANCHO GRANDE; a buyer's market based on recent absorption. Recent trends in 78676 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 590 Rancho Grande DR, Wimberley TX 78676, with an adjusted value of $820,240; with a smaller floor plan and a pool. 3 comparable transactions in RANCHO GRANDE 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