The comparable sales data (3 recent transactions in WALKING W RANCH) supports an estimated value of $781,479. The data suggests a list price between $820,000 and $860,000 would attract qualified buyers without leaving money on the table. This home's position in the current WALKING W RANCH market: the most affordable of 3 comparable homes on the market among comparable properties. Being 158 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 2.05 acres versus 1.65 for the typical comp. Right now, 3 similar properties are competing for buyers in WALKING W RANCH, listed between $779,000 and $1,000,000. Prices in 78620 have fallen 5.4% over the last 6 months. A similar home at 403 Stirrup DR, Dripping Springs TX 78620 carries an adjusted comparable value of $859,650, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in WALKING W 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
