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 $1,340,645. I'd recommend coming to market at $1,300,000 to $1,381,000 to strike the right balance between value and market velocity. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in 78620. The smaller floor plan (1,473 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.92 acre lot (smaller than the 10.66 acre average) is reflected in the estimate. The trend in 78620 shows prices have fallen 4.1% in the past 6 months. 2900 Stagecoach Ranch LOOP, Dripping Springs TX 78620 nearby adjusts to $1,457,034; with a larger floor plan. With 5 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