754 Lone Peak WAY, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $376,012. I'd recommend coming to market at $387,000 to $390,000 to strike the right balance between value and market velocity. Against 7 similar active listings in BIG SKY RANCH, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 122 sqft larger than the average comparable sale in this area impacts the per square foot value. There are currently 7 similar homes on the market in BIG SKY RANCH, ranging from $368,500 to $429,990. The trend in BIG SKY RANCH shows prices have fallen 20.4% in the past 6 months. 174 McKittrick Ridge ST, Dripping Springs TX 78620 nearby adjusts to $371,147; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group