623 Sue Peaks LOOP, Dripping Springs TX 78620

Based on 7 closed sales in BIG SKY RANCH, the data points to a value around $499,182 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $564,000 to $585,000. Relative to what's currently available in BIG SKY RANCH, this home would be the most affordable of 7 comparable homes on the market. The 271 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.18 acres versus 0.12 for the typical comp. 7 similar homes are currently available in BIG SKY RANCH, creating a buyer's market for this price range. Market data shows BIG SKY RANCH prices fallen 20.4% over the last half year. The closest comparable sale, 489 El Capitan LOOP, Dripping Springs TX 78620 at an adjusted $481,267, is with a larger floor plan. 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