202 Lariat, Dripping Springs TX 78620

The market data from 6 similar recent sales in 78620 points to a value of approximately $822,051. To sell within a reasonable timeframe at fair market value, the $896,000 to $913,000 range is where I'd position this. Among the similar homes currently available in 78620, this price point stands out as competitive. Being 111 sqft larger than the average comparable sale in this area impacts the per square foot value. At 2.97 acres, the lot is larger than the 1.97 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 208 Saddletree LN, Dripping Springs TX 78620, adjusting to $632,386; a strong comparable. 6 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group