161 Shane LN, Dripping Springs TX 78620

After reviewing 7 recent transactions in HIDDEN SPGS RANCH, I estimate this property's value at $602,773. A competitive list price for this home right now would fall in the $443,000 to $453,000 range. Relative to what's currently available in HIDDEN SPGS RANCH, this home would be the most expensive of 7 comparable homes on the market. At 8 years older than typical comps, the 2014 build date influences the valuation. The larger lot (1.60 acres versus the area average of 0.47) contributes to the valuation. Right now, 7 similar properties are competing for buyers in HIDDEN SPGS RANCH, listed between $474,359 and $649,000. Prices in 78620 have fallen 6.3% over the last 6 months. A similar home at 321 Running Deer LN, Dripping Springs TX 78620 carries an adjusted comparable value of $990,491, providing a strong data point. With 7 comparable sales in HIDDEN SPGS RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group