The market data from 4 similar recent sales in BUNKER RANCH points to a value of approximately $1,280,700. To sell within a reasonable timeframe at fair market value, the $1,255,000 to $1,306,000 range is where I'd position this. Against 3 similar active listings in BUNKER RANCH, this price point lands at the most affordable of 3 comparable homes on the market. At 0.75 acres, the lot is smaller than the 0.78 acre comp average, which factors into pricing. Buyers in BUNKER RANCH have 3 comparable options right now, with asking prices between $1,249,000 and $1,395,000. In BUNKER RANCH, home values have risen approximately 2.1% over the past 6 months. One of the strongest data points is 192 Gaucho WAY, Dripping Springs TX 78620, adjusting to $1,416,241; with a smaller floor plan. 4 comparable transactions in BUNKER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
