793 BlueRidge DR, Dripping Springs TX 78620

After reviewing 3 recent transactions in BUTLER RANCH ESTATES, I estimate this property's value at $800,516. A competitive list price for this home right now would fall in the $470,000 to $480,000 range. Relative to what's currently available in BUTLER RANCH ESTATES, this home would be the most expensive of 7 comparable homes on the market. Being 293 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.77 acres versus the area average of 0.66) contributes to the valuation. Right now, 7 similar properties are competing for buyers in BUTLER RANCH ESTATES, listed between $474,999 and $967,770. Prices in 78620 have fallen 6.6% over the last 6 months. A similar home at 1089 Blue Ridge DR, Dripping Springs TX 78620 carries an adjusted comparable value of $723,862, providing a strong data point. With 3 comparable sales in BUTLER RANCH ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group