1201 Quail Ridge DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $772,667. To generate strong buyer interest while maximizing value, I'd price this between $757,000 and $788,000. With 7 comparable homes on the market in MEADOW CREEK RANCH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (331 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1994 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in MEADOW CREEK RANCH, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6% in the past 6 months. 1120 Meadow Ridge DR, Dripping Springs TX 78620 nearby adjusts to $685,206; with a smaller floor plan. 4 comparable transactions in MEADOW CREEK RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group