801 Ledgerock, Wimberley TX 78676

The estimated value of this property is $483,725, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $384,000 and $394,000. In the current LEDGEROCK market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1989, this home is 15 years older than the average comp, which is reflected in the adjustments. The 5.70 acre lot (larger than the 0.51 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in LEDGEROCK, ranging from $383,000 to $595,000. Recent trends in 78676 show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 75 Sprucewood DR, Wimberley TX 78676, with an adjusted value of $525,729; a strong comparable. Based on 7 relevant data points in LEDGEROCK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX