Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $709,707. To generate strong buyer interest while maximizing value, I'd price this between $688,000 and $731,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in SAWYER RANCH. The 2003 construction puts this home 7 years older than the comp average, a factor in the pricing. At 1.11 acres, the lot is larger than the 1.04 acre comp average, which factors into pricing. There are currently 1 similar homes on the market in SAWYER RANCH, ranging from $739,000 to $739,000. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 159 Catfish CV, Dripping Springs TX 78620 nearby adjusts to $648,200; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group