140 Jeffery, Dripping Springs TX 78620

Based on 3 closed sales in WALKING W RANCH, the data points to a value around $1,105,533 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,083,000 to $1,128,000. Buyers shopping in WALKING W RANCH right now would see this as a well positioned option among 7 comparable homes. Being 107 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2006 (11 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in WALKING W RANCH; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 9% over the last half year. The closest comparable sale, 2900 Stagecoach Ranch LOOP, Dripping Springs TX 78620 at an adjusted $1,593,958, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in WALKING W RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group