12099 Bonham Ranch RD, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,277,730. To generate strong buyer interest while maximizing value, I'd price this between $937,000 and $947,000. Against 5 similar active listings in DEERFIELD ESTATES, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (529 sqft compared to the average comp) is a meaningful differentiator in this price range. At 4.02 acres, the lot is larger than the 3.33 acre comp average, which factors into pricing. The active market in DEERFIELD ESTATES includes 5 comparable homes priced from $975,000 to $2,195,000. The trend in 78620 shows prices have fallen 3.1% in the past 6 months. 460 Hannah DR, Dripping Springs TX 78620 nearby adjusts to $1,671,176; with a smaller floor plan and a pool. 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