My analysis of 7 comparable properties puts this home's estimated value at $681,179. Based on how the local market is moving, a list price between $711,000 and $715,000 would position this home well. This would position the home competitively among 2 active listings in PIONEER RANCH. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. At 6 years newer than typical comps, the 2003 build date influences the valuation. There are currently 2 similar homes on the market in PIONEER RANCH, ranging from $709,000 to $1,000,050. The 6 month price trend in 78620: fallen 8.4%. The best comp here is 700 Pioneer TRL, Dripping Springs TX 78620 at an adjusted value of $1,001,602, with a larger floor plan. With 7 comparable sales in PIONEER RANCH, 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
