100 Winchester DR, Dripping Springs TX 78620

The estimated value of this property is $610,482, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $483,000 and $493,000. Against 7 similar active listings in SADDLETREE RANCH, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 323 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1.44 acre lot (smaller than the 1.51 acre average) is reflected in the estimate. With 7 similar homes currently listed in SADDLETREE RANCH (a buyer's market), competition is a factor to consider. Recent trends in SADDLETREE RANCH show home values have fallen 8.3% since 6 months ago. The most comparable recent sale is 203 Stirrup DR, Dripping Springs TX 78620, with an adjusted value of $664,110; with a larger floor plan. With 3 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