1320 Buffalo Canyon DR, Dripping Springs TX 78620

The market data from 3 similar recent sales in HARRISON HILLS points to a value of approximately $984,767. To sell within a reasonable timeframe at fair market value, the $593,000 to $603,000 range is where I'd position this. In the current HARRISON HILLS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (236 sqft vs the comp average) plays a role in how the market prices it. At 0.75 acres, the lot is smaller than the 0.89 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in HARRISON HILLS, ranging from $577,990 to $1,200,000. In 78620, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 550 Goodnight TRL, Dripping Springs TX 78620, adjusting to $938,424; with a larger floor plan. The 3 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