306 Saddle Blanket DR, Dripping Springs TX 78620

The market data from 5 similar recent sales in SADDLETREE RANCH points to a value of approximately $701,225. To sell within a reasonable timeframe at fair market value, the $680,000 to $722,000 range is where I'd position this. With 3 comparable homes on the market in SADDLETREE RANCH, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (225 sqft compared to the average comp) is a meaningful differentiator in this price range. At 1.18 acres, the lot is smaller than the 1.44 acre comp average, which factors into pricing. 3 similar homes are currently available in SADDLETREE RANCH, creating a buyer's market for this price range. In SADDLETREE RANCH, home values have fallen approximately 20.5% over the past 6 months. One of the strongest data points is 116 Saddlehorn DR, Dripping Springs TX 78620, adjusting to $702,671; a strong comparable. 5 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