2801 Mcgregor LN, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $446,577. Pricing this home between $433,000 and $460,000 would put it in the competitive sweet spot for MADRONE RANCH & II-B. This pricing would rank the home as below the only comparable home currently on the market in MADRONE RANCH & II-B's current inventory. At 67 years older than typical comps, the 1932 build date influences the valuation. The larger lot (13.20 acres versus the area average of 2.36) contributes to the valuation. With 1 similar homes currently listed in MADRONE RANCH & II-B (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 215 Vail River RD, Dripping Springs TX 78620 at an adjusted $453,075, is a strong comparable. With 7 comparable sales in MADRONE RANCH & II-B, 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