384 Sue Peaks LOOP, Dripping Springs TX 78620

After reviewing 7 recent transactions in BIG SKY RANCH, I estimate this property's value at $479,546. A competitive list price for this home right now would fall in the $521,000 to $545,000 range. Relative to what's currently available in BIG SKY RANCH, this home would be the most affordable of 5 comparable homes on the market. The 201 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.18 acres versus the area average of 0.12) contributes to the valuation. With 5 similar homes currently listed in BIG SKY RANCH (a buyer's market), competition is a factor to consider. Prices in BIG SKY RANCH have fallen 20.4% over the last 6 months. A similar home at 218 Glass Mountains WAY, Dripping Springs TX 78620 carries an adjusted comparable value of $434,595, providing a strong data point. The comp data here (7 sales in BIG SKY RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus