396 El Capitan LOOP, Dripping Springs TX 78620

The market data from 3 similar recent sales in BIG SKY RANCH points to a value of approximately $504,379. To sell within a reasonable timeframe at fair market value, the $489,000 to $520,000 range is where I'd position this. In the current BIG SKY RANCH market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. At 139 sqft smaller than the typical comp, the size difference factors into the valuation. There are currently 6 similar homes on the market in BIG SKY RANCH, ranging from $485,990 to $545,000. In BIG SKY RANCH, home values have fallen approximately 20.4% over the past 6 months. One of the strongest data points is 489 El Capitan LOOP, Dripping Springs TX 78620, adjusting to $502,488; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group