300 Rocky Creek RD, Dripping Springs TX 78620

After reviewing 7 recent transactions in BELL SPRINGS RANCHES, I estimate this property's value at $1,010,149. A competitive list price for this home right now would fall in the $1,316,000 to $1,342,000 range. This home's position in the current BELL SPRINGS RANCHES market: the most affordable of 7 comparable homes on the market among comparable properties. At 7 years older than typical comps, the 1998 build date influences the valuation. The larger lot (24.33 acres versus the area average of 2.84) contributes to the valuation. Current inventory shows 7 comparable homes in BELL SPRINGS RANCHES; a buyer's market based on recent absorption. Prices in 78620 have fallen 6.1% over the last 6 months. A similar home at 312 STONEGATE LN, Dripping Springs TX 78620 carries an adjusted comparable value of $742,460, providing a strong data point. With 7 comparable sales in BELL SPRINGS RANCHES, 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