269 Running Deer, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $1,028,866. Based on how the local market is moving, a list price between $809,000 and $819,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78620's current inventory. At 11 years older than typical comps, the 2008 build date influences the valuation. The larger lot (1.31 acres versus the area average of 0.97) contributes to the valuation. There are currently 4 similar homes on the market in 78620, ranging from $735,000 to $1,399,000. The 6 month price trend in 78620: fallen 6.4%. The best comp here is 101 Stockman DR, Dripping Springs TX 78620 at an adjusted value of $1,127,855, a strong comparable. 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