164 Stacey Ann CV, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $779,462. For a well positioned listing in WALKING W RANCH, I'd target the $898,000 to $920,000 range. Against 7 similar active listings in WALKING W RANCH, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The smaller floor plan (152 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.06 acres, the lot is larger than the 1.65 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in WALKING W RANCH; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 3.4% since 6 months ago. The most comparable recent sale is 403 Stirrup DR, Dripping Springs TX 78620, with an adjusted value of $857,406; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group