324 Broken Lance DR, Dripping Springs TX 78620

The market data from 3 similar recent sales in HIDDEN SPGS RANCH points to a value of approximately $695,037. To sell within a reasonable timeframe at fair market value, the $787,000 to $806,000 range is where I'd position this. In the current HIDDEN SPGS RANCH market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 1.12 acres, the lot is smaller than the 1.25 acre comp average, which factors into pricing. With 3 similar homes currently listed in HIDDEN SPGS RANCH (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 6.7% over the past 6 months. One of the strongest data points is 152 Silver Hawk CT, Dripping Springs TX 78620, adjusting to $627,879; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group