790 SW Dripping Springs Ranch RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,385,065. I'd recommend coming to market at $952,000 to $962,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in DRIPPING SPGS RANCH. The 14.98 acre lot (larger than the 6.42 acre average) is reflected in the estimate. Right now, 4 similar properties are competing for buyers in DRIPPING SPGS RANCH, listed between $869,500 and $1,750,000. The trend in 78620 shows prices have fallen 5.7% in the past 6 months. 370 Ledge Stone DR, Austin TX 78737 nearby adjusts to $806,265; with a smaller floor plan. Based on 7 relevant data points in DRIPPING SPGS RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX