212 Lost Mine Peak LN, Dripping Springs TX 78620

The market data from 7 similar recent sales in BIG SKY RANCH points to a value of approximately $421,487. To sell within a reasonable timeframe at fair market value, the $438,000 to $440,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BIG SKY RANCH. This home's larger footprint (253 sqft vs the comp average) plays a role in how the market prices it. Right now, 7 similar properties are competing for buyers in BIG SKY RANCH, listed between $394,888 and $508,990. In BIG SKY RANCH, home values have fallen approximately 19.1% over the past 6 months. One of the strongest data points is 218 Glass Mountains WAY, Dripping Springs TX 78620, adjusting to $372,985; a strong comparable. The 7 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