3600 McGregor LN # B, Dripping Springs TX 78620

The estimated value of this property is $642,816, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $793,000 and $813,000. In the current BC ACRES market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The 303 sqft size difference versus comparable sales is reflected in the adjusted values. The 3.23 acre lot (larger than the 1.09 acre average) is reflected in the estimate. 4 similar homes are currently available in BC ACRES, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 170 Bunker Ranch BLVD # 59, Dripping Springs TX 78620, with an adjusted value of $549,188; a strong comparable. With 7 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