1111 Deer Creek CIR, Dripping Springs TX 78620

The market data from 7 similar recent sales in DEER CREEK RANCH points to a value of approximately $488,550. To sell within a reasonable timeframe at fair market value, the $577,000 to $578,000 range is where I'd position this. With 2 comparable homes on the market in DEER CREEK RANCH, this price positions the property as the most affordable of 2 comparable homes on the market. The 179 sqft size difference versus comparable sales is reflected in the adjusted values. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 2 similar homes currently listed in DEER CREEK RANCH (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 710 Deer Creek CIR, Dripping Springs TX 78620, adjusting to $447,256; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group