Taking into account 7 nearby comparable sales, this property's estimated value comes to $383,450. If we were to list this property today, I'd recommend a list price in the $468,000 to $483,000 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. Being built in 1975 (30 years older than comps) is factored into the value estimate. Lot size matters here: 1.30 acres versus 1.68 for the typical comp. Right now, 2 similar properties are competing for buyers in DEER CREEK RANCH, listed between $675,000 and $1,150,000. The 6 month price trend in 78620: fallen 6.5%. The best comp here is 710 Deer Creek CIR, Dripping Springs TX 78620 at an adjusted value of $408,150, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus