1201 Meadow Ridge DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $819,471. For a well positioned listing in MEADOW CREEK RANCH, I'd target the $695,000 to $705,000 range. Among the similar homes currently available in MEADOW CREEK RANCH, this price point stands out as competitive. The larger floor plan (265 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5.06 acres, the lot is larger than the 2.20 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in MEADOW CREEK RANCH, ranging from $749,000 to $749,000. Recent trends in 78620 show home values have fallen 7% since 6 months ago. The most comparable recent sale is 1120 Meadow Ridge DR, Dripping Springs TX 78620, with an adjusted value of $722,575; with a smaller floor plan. The 4 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