1111 Quail Ridge DR, Dripping Springs TX 78620

Based on 7 closed sales in MEADOW CREEK RANCH, the data points to a value around $1,032,512 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $864,000 to $874,000. This would position the home competitively among 1 active listings in MEADOW CREEK RANCH. A pool adds market appeal. Only 7 minus 5 of the comps had one. Being built in 1994 (11 years older than comps) is factored into the value estimate. Current inventory shows 1 comparable homes in MEADOW CREEK RANCH; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 1305 Park CV, Dripping Springs TX 78620 at an adjusted $1,133,555, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in MEADOW CREEK RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group