601 Prairie Clover DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $983,428. To generate strong buyer interest while maximizing value, I'd price this between $1,231,000 and $1,295,000. At this price, the property would be the 3rd least expensive of 6 comparable homes on the market comparable homes currently on the market in ESPERANZA. This home's larger footprint (454 sqft vs the comp average) plays a role in how the market prices it. At 1.11 acres, the lot is larger than the 0.86 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in ESPERANZA, listed between $950,000 and $1,399,000. The trend in ESPERANZA shows prices have fallen 8.7% in the past 6 months. 413 Prairie Clover DR, Dripping Springs TX 78620 nearby adjusts to $916,070; with a smaller floor plan. 4 comparable transactions in ESPERANZA 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