2722 STAGECOACH RANCH RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in 78620 points to a value of approximately $724,579. To sell within a reasonable timeframe at fair market value, the $469,000 to $479,000 range is where I'd position this. Among the similar homes currently available in 78620, this price point stands out as competitive. This home's smaller footprint (1,388 sqft vs the comp average) plays a role in how the market prices it. At 7.32 acres, the lot is larger than the 3.08 acre comp average, which factors into pricing. Current inventory shows 1 comparable homes in 78620; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 2900 Stagecoach Ranch LOOP, Dripping Springs TX 78620, adjusting to $1,344,589; with a larger floor plan. The 7 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