408 Blue Creek DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in BLUE CREEK RANCH points to a value of approximately $1,225,352. To sell within a reasonable timeframe at fair market value, the $1,555,000 to $1,955,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in BLUE CREEK RANCH. The 241 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. Current inventory shows 7 comparable homes in BLUE CREEK RANCH; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 5.5% over the past 6 months. One of the strongest data points is 309 Hacienda PL, Dripping Springs TX 78620, adjusting to $1,418,972; with a smaller floor plan. 7 comparable transactions in BLUE CREEK 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