245 Stacey Ann CV, Dripping Springs TX 78620

The market data from 5 similar recent sales in WALKING W RANCH points to a value of approximately $1,021,499. To sell within a reasonable timeframe at fair market value, the $1,181,000 to $1,196,000 range is where I'd position this. Against 4 similar active listings in WALKING W RANCH, this price point lands at the most affordable of 4 comparable homes on the market. This home's larger footprint (431 sqft vs the comp average) plays a role in how the market prices it. At 3.01 acres, the lot is larger than the 2.17 acre comp average, which factors into pricing. Buyers in WALKING W RANCH have 4 comparable options right now, with asking prices between $1,150,000 and $2,595,000. In 78620, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 432 Stacey Ann CV, Dripping Springs TX 78620, adjusting to $916,150; with a smaller floor plan. The 5 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