1375 Old Red Ranch RD, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $942,414. To generate strong buyer interest while maximizing value, I'd price this between $636,000 and $646,000. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in VISTA GRANDE. The 440 sqft size difference versus comparable sales is reflected in the adjusted values. The 1999 construction puts this home 10 years older than the comp average, a factor in the pricing. With 2 similar homes currently listed in VISTA GRANDE (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.2% in the past 6 months. 330 Mystic Creek DR, Dripping Springs TX 78620 nearby adjusts to $641,881; with a smaller floor plan. 7 comparable transactions in VISTA GRANDE 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