306 Saddletree LN, Dripping Springs TX 78620

The estimated value of this property is $787,770, based on 5 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $992,000 and $1,060,000. Among the similar homes currently available in 78620, this price point stands out as competitive. Built in 2004, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 1.25 acre lot (smaller than the 1.47 acre average) is reflected in the estimate. There are currently 6 similar homes on the market in 78620, ranging from $695,000 to $1,185,000. Recent trends in 78620 show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 507 Saddletree LN, Dripping Springs TX 78620, with an adjusted value of $1,106,908; with a larger floor plan. Based on 5 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX