802 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 $345,745. I'd recommend coming to market at $403,000 to $408,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in BIG SKY RANCH. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in BIG SKY RANCH have 4 comparable options right now, with asking prices between $349,000 and $389,990. The trend in BIG SKY RANCH shows prices have fallen 20.4% in the past 6 months. 272 Lost Mine Peak LN, Dripping Springs TX 78620 nearby adjusts to $349,999; 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