516 Deer Creek CIR, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in DEER CREEK RANCH) supports an estimated value of $446,856. The data suggests a list price between $516,000 and $644,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in DEER CREEK RANCH, this home would be the most affordable of 2 comparable homes on the market. Being 240 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 1.89 acres versus 1.77 for the typical comp. With 2 similar homes currently listed in DEER CREEK RANCH (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 710 Deer Creek CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $405,180, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus