7861 Mount Sharp RD, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $608,509. I'd recommend coming to market at $735,000 to $993,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in MOUNT SHARP RANCH, this price positions the property as the most affordable of 3 comparable homes on the market. Built in 2002, this home is 7 years older than the average comp, which is reflected in the adjustments. The 4.91 acre lot (larger than the 3.35 acre average) is reflected in the estimate. With 3 similar homes currently listed in MOUNT SHARP RANCH (a buyer's market), competition is a factor to consider. The trend in 78676 shows prices have risen 25.5% in the past 6 months. 207 Round Rock RD, Wimberley TX 78676 nearby adjusts to $735,420; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group