425 Ramirez LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $357,386. For a well positioned listing in A0415, I'd target the $347,000 to $368,000 range. Against 1 similar active listings in A0415, this price point lands at below the only comparable home currently on the market. The smaller floor plan (796 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1988 construction puts this home 12 years older than the comp average, a factor in the pricing. Buyers in A0415 have 1 comparable options right now, with asking prices between $545,000 and $545,000. Recent trends in 78620 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 341 Rose DR # A, Dripping Springs TX 78620, with an adjusted value of $260,480; a strong comparable. 7 comparable transactions in A0415 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