410 Lloyd LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $798,998. For a well positioned listing in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES, I'd target the $669,000 to $679,000 range. Against 7 similar active listings in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2015 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.02 acres, the lot is larger than the 0.47 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 914 Blue Ridge DR, Dripping Springs TX 78620, with an adjusted value of $824,127; with a smaller 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