202 High Plains DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $654,948. I'd recommend coming to market at $710,000 to $786,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in SADDLETREE RANCH, this price positions the property as the most affordable of 4 comparable homes on the market. Built in 2004, this home is 7 years newer than the average comp, which is reflected in the adjustments. The 1.48 acre lot (smaller than the 1.58 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in SADDLETREE RANCH, listed between $750,000 and $1,195,000. The trend in SADDLETREE RANCH shows prices have fallen 7.6% in the past 6 months. 112 TWIN SADDLES LN, Dripping Springs TX 78620 nearby adjusts to $555,210; a strong comparable. Based on 3 relevant data points in SADDLETREE RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX