761 Blue Ridge DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in BUTLER RANCH ESTATES points to a value of approximately $1,146,113. To sell within a reasonable timeframe at fair market value, the $1,000,000 to $1,010,000 range is where I'd position this. Against 3 similar active listings in BUTLER RANCH ESTATES, this price point lands at the most expensive of 3 comparable homes on the market. At 2.00 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in BUTLER RANCH ESTATES, listed between $949,000 and $2,250,000. In 78620, home values have fallen approximately 4.2% over the past 6 months. One of the strongest data points is 218 Premier Park LOOP, Dripping Springs TX 78620, adjusting to $972,984; with a smaller floor plan. 7 comparable transactions in BUTLER RANCH ESTATES 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