1780 Live Oak Canyon RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,174,652. I'd recommend coming to market at $1,139,000 to $1,210,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in PEDERNALES PLACE. The smaller floor plan (1,244 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.92 acre lot (smaller than the 9.40 acre average) is reflected in the estimate. With 1 similar homes currently listed in PEDERNALES PLACE (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 2300 Stagecoach Ranch LOOP # B, Dripping Springs TX 78620 nearby adjusts to $763,437; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group