400 Old Mill RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $851,493. For a well positioned listing in SAWYER RANCH, I'd target the $627,000 to $637,000 range. Against 7 similar active listings in SAWYER RANCH, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 409 sqft size difference versus comparable sales is reflected in the adjusted values. At 1.24 acres, the lot is larger than the 1.03 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SAWYER RANCH, ranging from $545,000 to $1,100,000. Recent trends in 78620 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 229 Huck Finn TRL, Dripping Springs TX 78620, with an adjusted value of $968,501; with a smaller floor plan. 3 comparable transactions in SAWYER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group