140 Jeffery, Dripping Springs TX 78620

Based on 3 closed sales in WALKING W RANCH, the data points to a value around $1,223,687 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $522,000 to $532,000. Buyers shopping in WALKING W RANCH right now would see this as a well positioned option among 7 comparable homes. Being 397 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 4.22 acres versus 4.60 for the typical comp. Current inventory shows 7 comparable homes in WALKING W RANCH; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 7.2% over the last half year. The closest comparable sale, 432 Stacey Ann CV, Dripping Springs TX 78620 at an adjusted $816,742, is with a larger floor plan. 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