400 Pioneer TRL, Dripping Springs TX 78620

The estimated value of this property is $649,815, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $476,000 and $486,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in PIONEER RANCH. The 912 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1987, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in PIONEER RANCH; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 700 Pioneer TRL, Dripping Springs TX 78620, with an adjusted value of $878,536; with a larger floor plan. Based on 7 relevant data points in PIONEER RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX