650 Old Red Ranch RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in VISTA GRANDE points to a value of approximately $1,179,049. To sell within a reasonable timeframe at fair market value, the $773,000 to $783,000 range is where I'd position this. Against 3 similar active listings in VISTA GRANDE, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (244 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 10 years older than the comp average, a factor in the pricing. 3 similar homes are currently available in VISTA GRANDE, creating a buyer's market for this price range. In 78620, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 160 Mystic Creek DR, Dripping Springs TX 78620, adjusting to $1,446,380; with a smaller floor plan and a pool. 7 comparable transactions in VISTA GRANDE 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