306 High Plains DR, Dripping Springs TX 78620

The market data from 6 similar recent sales in SADDLETREE RANCH points to a value of approximately $816,952. To sell within a reasonable timeframe at fair market value, the $873,000 to $948,000 range is where I'd position this. In the current SADDLETREE RANCH market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 2007 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 1.53 acres, the lot is smaller than the 1.61 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in SADDLETREE RANCH; a buyer's market based on recent absorption. In SADDLETREE RANCH, home values have fallen approximately 22.6% over the past 6 months. One of the strongest data points is 403 Stirrup DR, Dripping Springs TX 78620, adjusting to $872,588; a strong comparable. 6 comparable transactions in SADDLETREE RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group