After reviewing 5 recent transactions in SADDLETREE RANCH, I estimate this property's value at $934,436. A competitive list price for this home right now would fall in the $804,000 to $814,000 range. Relative to what's currently available in SADDLETREE RANCH, this home would be the 3rd most expensive of 5 comparable homes on the market. At 6 years newer than typical comps, the 2007 build date influences the valuation. The larger lot (1.92 acres versus the area average of 1.58) contributes to the valuation. With 5 similar homes currently listed in SADDLETREE RANCH (a balanced market), competition is a factor to consider. Prices in SADDLETREE RANCH have fallen 29.1% over the last 6 months. A similar home at 403 Stirrup DR, Dripping Springs TX 78620 carries an adjusted comparable value of $923,900, providing a strong data point. The comp data here (5 sales in SADDLETREE RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
