402 Founders RDG, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $479,221. I'd recommend coming to market at $487,000 to $511,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in FOUNDERS RIDGE, this price positions the property as the most expensive of 4 comparable homes on the market. Being 100 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 4 comparable homes in FOUNDERS RIDGE; a buyer's market based on recent absorption. The trend in FOUNDERS RIDGE shows prices have fallen 13.3% in the past 6 months. 333 Founders RDG, Dripping Springs TX 78620 nearby adjusts to $524,759; a strong comparable. Based on 7 relevant data points in FOUNDERS RIDGE, 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