410 Harmon Hills RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in RYAN HILL points to a value of approximately $444,238. To sell within a reasonable timeframe at fair market value, the $507,000 to $510,000 range is where I'd position this. Against 7 similar active listings in RYAN HILL, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 2017 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.66 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in RYAN HILL; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 4.1% over the past 6 months. One of the strongest data points is 342 Bishop Wood RD, Dripping Springs TX 78620, adjusting to $506,991; a strong comparable. 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