24700 Ranch Road 12, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $1,528,911. Based on how the local market is moving, a list price between $1,463,000 and $1,829,000 would position this home well. Relative to what's currently available in 78620, this home would be no active comparable homes on the market. The larger floor plan (879 sqft compared to the average comp) is a meaningful differentiator in this price range. At 11 years older than typical comps, the 2001 build date influences the valuation. The 6 month price trend in 78620: fallen 6%. The best comp here is 167 Vincas Shadow CT, Driftwood TX 78619 at an adjusted value of $1,462,733, with a smaller floor plan. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group