308 Stonegate LN, Dripping Springs TX 78620

The market data from 7 similar recent sales in 78620 points to a value of approximately $868,903. To sell within a reasonable timeframe at fair market value, the $1,005,000 to $1,182,000 range is where I'd position this. Among the similar homes currently available in 78620, this price point stands out as competitive. The 2001 construction puts this home 6 years older than the comp average, a factor in the pricing. At 2.58 acres, the lot is smaller than the 3.00 acre comp average, which factors into pricing. Buyers in 78620 have 4 comparable options right now, with asking prices between $850,000 and $1,200,000. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 650 Angel Fire DR, Dripping Springs TX 78620, adjusting to $743,573; with a smaller floor plan. 7 comparable transactions in 78620 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