1200 Deer Creek CIR, Dripping Springs TX 78620

After reviewing 3 recent transactions in DEER CREEK RANCH, I estimate this property's value at $400,002. A competitive list price for this home right now would fall in the $388,000 to $412,000 range. This pricing would rank the home as the most affordable of 2 comparable homes on the market in DEER CREEK RANCH's current inventory. The larger lot (1.75 acres versus the area average of 1.47) contributes to the valuation. Right now, 2 similar properties are competing for buyers in DEER CREEK RANCH, listed between $675,000 and $1,150,000. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 710 Deer Creek CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $430,303, providing a strong data point. With 3 comparable sales in DEER CREEK RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group