11050 Bonham Ranch RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $897,089. I'd recommend coming to market at $879,000 to $915,000 to strike the right balance between value and market velocity. In the current 78620 market with 0 similar homes available, this price represents no active comparable homes on the market. The 1,572 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1983, this home is 19 years older than the average comp, which is reflected in the adjustments. The trend in 78620 shows prices have fallen 8% in the past 6 months. 920 Barton Creek DR, Dripping Springs TX 78620 nearby adjusts to $898,500; with a smaller 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