950 Thompson Ranch RD, Wimberley TX 78676

The market data from 7 similar recent sales in THOMPSON RANCH ESTATE points to a value of approximately $996,148. To sell within a reasonable timeframe at fair market value, the $806,000 to $816,000 range is where I'd position this. With 4 comparable homes on the market in THOMPSON RANCH ESTATE, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (1,356 sqft vs the comp average) plays a role in how the market prices it. At 5.13 acres, the lot is larger than the 4.16 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in THOMPSON RANCH ESTATE, ranging from $704,000 to $2,400,000. In 78676, home values have risen approximately 23.3% over the past 6 months. One of the strongest data points is 840 Thompson Ranch RD, Wimberley TX 78676, adjusting to $680,190; with a smaller floor plan. 7 comparable transactions in THOMPSON RANCH ESTATE 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