206 Deer Creek CIR, 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 $497,292. I'd recommend coming to market at $487,000 to $507,000 to strike the right balance between value and market velocity. Against 3 similar active listings in DEER CREEK RANCH, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Built in 2010, this home is 5 years older than the average comp, which is reflected in the adjustments. The 1.26 acre lot (smaller than the 1.79 acre average) is reflected in the estimate. Buyers in DEER CREEK RANCH have 3 comparable options right now, with asking prices between $489,900 and $800,000. The trend in 78620 shows prices have fallen 9% in the past 6 months. 710 Deer Creek CIR, Dripping Springs TX 78620 nearby adjusts to $455,510; with a smaller floor plan. Based on 7 relevant data points in DEER CREEK 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