825 Skyline Ridge Lookout LAKE, Wimberley TX 78676

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,308,775. I'd recommend coming to market at $1,283,000 to $1,335,000 to strike the right balance between value and market velocity. Against 3 similar active listings in SKYLINE RANCH ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (390 sqft vs the comp average) plays a role in how the market prices it. The 6.54 acre lot (larger than the 6.03 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in SKYLINE RANCH ESTATES, listed between $949,000 and $1,650,000. The trend in 78676 shows prices have fallen 15.3% in the past 6 months. 760 Skyline Ridge Lookout, Wimberley TX 78676 nearby adjusts to $666,920; with a smaller floor plan. Based on 7 relevant data points in SKYLINE RANCH ESTATES, 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