355 Pug Rippy RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,735,338. I'd recommend coming to market at $972,000 to $982,000 to strike the right balance between value and market velocity. In the current CREEK ROAD RANCH market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (781 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2003, this home is 14 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in CREEK ROAD RANCH; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 5.4% in the past 6 months. 265 McKellar RD, Dripping Springs TX 78620 nearby adjusts to $1,564,232; with a smaller floor plan. Based on 7 relevant data points in CREEK ROAD RANCH, 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