32635 Ranch Road 12 RNCH, Dripping Springs TX 78620

The estimated value of this property is $1,048,820, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $901,000 and $911,000. 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 4.67 acre lot (larger than the 3.94 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in SADDLETREE RANCH; a buyer's market based on recent absorption. Recent trends in SADDLETREE RANCH show home values have fallen 28.9% since 6 months ago. The most comparable recent sale is 116 Horseshoe DR, Dripping Springs TX 78620, with an adjusted value of $1,226,270; with a larger floor plan. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group