769 Lone Peak WAY, Dripping Springs TX 78620

The market data from 7 similar recent sales in BIG SKY RANCH points to a value of approximately $365,876. To sell within a reasonable timeframe at fair market value, the $388,000 to $393,000 range is where I'd position this. With 7 comparable homes on the market in BIG SKY RANCH, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. Buyers in BIG SKY RANCH have 7 comparable options right now, with asking prices between $355,000 and $484,990. In BIG SKY RANCH, home values have fallen approximately 19.1% over the past 6 months. One of the strongest data points is 177 Mount Ord LN, Dripping Springs TX 78620, adjusting to $352,180; with a smaller floor plan. 7 comparable transactions in BIG SKY RANCH 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