416 Stonegate LN, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $1,138,424. A competitive list price for this home right now would fall in the $1,315,000 to $1,645,000 range. This would position the home competitively among 3 active listings in 78620. Having a pool is a plus; 6 of the 7 comps lacked one. At 21 years older than typical comps, the 1993 build date influences the valuation. There are currently 3 similar homes on the market in 78620, ranging from $1,150,000 to $2,885,500. Prices in 78620 have fallen 3.1% over the last 6 months. A similar home at 3100 W Fitzhugh RD, Dripping Springs TX 78620 carries an adjusted comparable value of $1,644,853, providing a strong data point. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group