478 Broken Lance, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $624,770. Pricing this home between $420,000 and $430,000 would put it in the competitive sweet spot for HIDDEN SPGS RANCH. This home's position in the current HIDDEN SPGS RANCH market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (202 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years older than typical comps, the 2002 build date influences the valuation. With 7 similar homes currently listed in HIDDEN SPGS RANCH (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 164 Lone Wolf CT, Dripping Springs TX 78620 at an adjusted $749,251, is a strong comparable. With 7 comparable sales in HIDDEN SPGS 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