4451 McGregor LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,047,344. To generate strong buyer interest while maximizing value, I'd price this between $1,353,000 and $1,766,000. In the current 78620 market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. At 995 sqft larger than the typical comp, the size difference factors into the valuation. At 10.74 acres, the lot is larger than the 5.61 acre comp average, which factors into pricing. 3 similar homes are currently available in 78620, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.3% in the past 6 months. 200 Raeford XING, Dripping Springs TX 78620 nearby adjusts to $949,771; 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