401 Thomassen Ranch RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in THOMASSEN RANCH points to a value of approximately $1,039,836. To sell within a reasonable timeframe at fair market value, the $1,441,000 to $1,645,000 range is where I'd position this. Among the similar homes currently available in THOMASSEN RANCH, this price point stands out as competitive. This home's larger footprint (184 sqft vs the comp average) plays a role in how the market prices it. The 1996 construction puts this home 23 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in THOMASSEN RANCH; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 5.6% over the past 6 months. One of the strongest data points is 1018 Pink Granite BLVD, Dripping Springs TX 78620, adjusting to $731,901; with a larger floor plan. The 7 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