As a real estate agent that lives in Wimberley, now is a great time to buy in Wimberley and the surrounding area. There is quite a bit of inventory to chose from. Prices have come down from where they were in 2007. Another factor to keep in mind are the current interest rates. With Wimbereley being named one of the top three retirement areas by the Austin American Stateman and it's close proximity to San Antonio and Austin, when the market heats up again, you will see prices going back up. Another note is that Austin, San Antonio and Houston have been adding new jobs, which is good for the Wimberely real estate market. Another item to note for the Wimberley market is their low foreclosure numbers.
I hope all of this helps. Should you need further information or need help in purchasing, please do not hesitate to contact me.
Gumbert Real Estate
You asked this question quite a while ago, when it was a seller's market. Now, though, it's more of a buyer's market. I live in Wimberley and own a Home Staging business. I Stage homes throughout Central Texas but focus on Wimberley, since it's my home town. While land and homes here have always been higher, in comparison to some other small towns, the prices have fallen, recently. There are alot of sellers who have reduced the price of their homes (Don't do this before you Stage your home! It makes a huge difference in buyer interest!), recently, so you can find some really good bargains if you research the area. If you intend to start a business here, there's always room for growth, especially in family owned and operated restaurant business. We welcome you!
As a 20 year Austin resident, and 5th generation native I can tell many of the small towns surrounding Austin have experienced explosive growth in the last few years. Some prime examples are: Dripping Springs, Driftwood, Mountian City, Kyle, Buda, Lakeway, Hudsen Bend, Lago Vista, Jonestown, Cedar Park, Leander, Round Rock, Taylor, Hutto and Bastrop. I would advise you to buy something sooner than later as the prices have only gone up during the last 20 years. If I may be of service to you, just call me. I would love to help you own your own piece of Texas.
I live and work in Wimberley. I can tell you without a hitch that this is one of the best places you could purchase a home. We have been written up in many newpapers(New York Post even) as the #1 small town to live in in America. There are many things that bring people here. We have rivers, hills, creeks, golf, small town atmosphere, and we are just 45 minutes from Both Austin and San Antonio.
Right now Wimberley is seeing some moderate growth, just enough to keep it small, but the houses are still appreciating at the same rate as Austin.
I would be glad to work with you and answer any other questions you may have about the area, or any surrounding areas as I work ALL of Central Texas.
Good luck with your search!
RE/MAX Bryan-College Station
It depends on what your purposes are for purchasing. If you are wanting to buy and flip real quick, then NO this is not a good time to buy and Wimberley, in my opinion, would be the wrong place. If you are looking for a rental property, then once again, Wimberley is not the place although there are some alternative options in the Austin area. If you're looking for yourself and would like to have a quiet community not too far from major cities and close to the outdoors, then Wimberley will do you good! Check out my blog on the Austin area in Activerain under Robertbrees