509 Stonegate LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,034,301. For a well positioned listing in STONEGATE DRIPPING SPGS ACRES 317 PARK ABST, I'd target the $1,340,000 to $2,031,000 range. In the current STONEGATE DRIPPING SPGS ACRES 317 PARK ABST market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 584 sqft size difference versus comparable sales is reflected in the adjusted values. The 1997 construction puts this home 10 years older than the comp average, a factor in the pricing. 4 similar homes are currently available in STONEGATE DRIPPING SPGS ACRES 317 PARK ABST, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 312 STONEGATE LN, Dripping Springs TX 78620, with an adjusted value of $781,875; with a smaller floor plan. 7 comparable transactions in STONEGATE DRIPPING SPGS ACRES 317 PARK ABST 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