501 Stonegate LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,276,588. To generate strong buyer interest while maximizing value, I'd price this between $1,238,000 and $1,315,000. In the current STONEGATE DRIPPING SPGS market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (1,478 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. 1 similar homes are currently available in STONEGATE DRIPPING SPGS, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.5% in the past 6 months. 208 Stonegate LN, Dripping Springs TX 78620 nearby adjusts to $1,376,682; with a smaller floor plan and no pool. 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