1008 Shetland RD, Dripping Springs TX 78620

7 recent sales in the surrounding area of this address suggest a current value of $643,462. My recommended list price range for this property would be $523,000 to $533,000. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in BLUE RIDGE. Built in 1984, this home is 17 years older than the average comp, which is reflected in the adjustments. The 2.51 acre lot (larger than the 1.57 acre average) is reflected in the estimate. With 7 similar homes currently listed in BLUE RIDGE (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 812 Post Oak DR, Dripping Springs TX 78620, adjusting to $645,007; with a larger floor plan. With 7 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