751 Butler Ranch RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in 78620 points to a value of approximately $532,346. To sell within a reasonable timeframe at fair market value, the $422,000 to $432,000 range is where I'd position this. In the current 78620 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 1999 construction puts this home 9 years older than the comp average, a factor in the pricing. At 4.00 acres, the lot is larger than the 0.89 acre comp average, which factors into pricing. The active market in 78620 includes 7 comparable homes priced from $424,042 to $599,000. In 78620, home values have fallen approximately 4.5% over the past 6 months. One of the strongest data points is 270 Haydon LN, Dripping Springs TX 78620, adjusting to $608,846; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group