401 Old ML, Dripping Springs TX 78620

Based on 7 closed sales in SAWYER RANCH, the data points to a value around $991,349 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $649,000 to $659,000. This would position the home competitively among 7 active listings in SAWYER RANCH. Being 285 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.05 acres versus 2.57 for the typical comp. Current inventory shows 7 comparable homes in SAWYER RANCH; a buyer's market based on recent absorption. The closest comparable sale, 229 Huck Finn TRL, Dripping Springs TX 78620 at an adjusted $927,882, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SAWYER RANCH. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group