The market data from 5 similar recent sales in SAWYER RANCH points to a value of approximately $781,702. To sell within a reasonable timeframe at fair market value, the $879,000 to $905,000 range is where I'd position this. Against 2 similar active listings in SAWYER RANCH, this price point lands at the most affordable of 2 comparable homes on the market. The larger floor plan (399 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2001 construction puts this home 7 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in SAWYER RANCH, listed between $865,000 and $899,000. In SAWYER RANCH, home values have risen approximately 43.8% over the past 6 months. One of the strongest data points is 229 Huck Finn TRL, Dripping Springs TX 78620, adjusting to $905,075; with a smaller floor plan. 5 comparable transactions in SAWYER RANCH 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
