158 Broken Lance, Dripping Springs TX 78620

The comparable sales data (5 recent transactions in HIDDEN SPRINGS RANCH) supports an estimated value of $1,157,037. The data suggests a list price between $650,000 and $660,000 would attract qualified buyers without leaving money on the table. This home's position in the current HIDDEN SPRINGS RANCH market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (460 sqft vs the comp average) plays a role in how the market prices it. Being built in 2006 (6 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in HIDDEN SPRINGS RANCH (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 6.7% over the last 6 months. A similar home at 144 Prairie Clover DR, Dripping Springs TX 78620 carries an adjusted comparable value of $896,584, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in HIDDEN SPRINGS 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