4601 Mcgregor LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $818,081. For a well positioned listing in VISTA WEST RANCHES UNFILED, I'd target the $1,216,000 to $1,225,000 range. Against 4 similar active listings in VISTA WEST RANCHES UNFILED, this price point lands at the most affordable of 4 comparable homes on the market. The smaller floor plan (210 sqft compared to the average comp) is a meaningful differentiator in this price range. At 11.30 acres, the lot is larger than the 6.36 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in VISTA WEST RANCHES UNFILED; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 2801 Martin RD, Dripping Springs TX 78620, with an adjusted value of $1,471,338; a strong comparable. 7 comparable transactions in VISTA WEST RANCHES UNFILED 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