371 Old Red Ranch RD, Dripping Springs TX 78620

Based on 7 closed sales in VISTA GRANDE, the data points to a value around $1,191,897 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $786,000 to $796,000. This home's position in the current VISTA GRANDE market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 399 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 7 minus 5 of the comps had one. 3 similar homes are currently available in VISTA GRANDE, creating a buyer's market for this price range. Market data shows 78620 prices fallen 4.7% over the last half year. The closest comparable sale, 160 Mystic Creek DR, Dripping Springs TX 78620 at an adjusted $1,505,461, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in VISTA GRANDE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group