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 $459,505. To sell within a reasonable timeframe at fair market value, the $458,000 to $463,000 range is where I'd position this. Against 7 similar active listings in RYAN HILL, this price point lands at the most expensive of 7 comparable homes on the market. The 2017 construction puts this home 8 years older than the comp average, a factor in the pricing. At 0.66 acres, the lot is larger than the 0.13 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 8.3% over the past 6 months. One of the strongest data points is 174 Norway Spruce ST, Dripping Springs TX 78620, adjusting to $463,431; 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