400 Winchester DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $775,219. To generate strong buyer interest while maximizing value, I'd price this between $1,022,000 and $1,098,000. In the current SADDLETREE RANCH market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. At 187 sqft larger than the typical comp, the size difference factors into the valuation. At 1.27 acres, the lot is smaller than the 1.46 acre comp average, which factors into pricing. 5 similar homes are currently available in SADDLETREE RANCH, creating a buyer's market for this price range. The trend in SADDLETREE RANCH shows prices have fallen 28.9% in the past 6 months. 507 Saddletree LN, Dripping Springs TX 78620 nearby adjusts to $1,098,000; a strong comparable. 6 comparable transactions in SADDLETREE 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