Based on 7 closed sales in SADDLETREE RANCH, the data points to a value around $788,456 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $813,000 to $844,000. Buyers shopping in SADDLETREE RANCH right now would see this as a well positioned option among 4 comparable homes. At 195 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 1.68 acres versus 1.58 for the typical comp. 4 similar homes are currently available in SADDLETREE RANCH, creating a buyer's market for this price range. Market data shows SADDLETREE RANCH prices fallen 31.2% over the last half year. The closest comparable sale, 403 Stirrup DR, Dripping Springs TX 78620 at an adjusted $843,800, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in SADDLETREE RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group