811 Founders RDG, Dripping Springs TX 78620

Based on 4 closed sales in FOUNDERS RIDGE, the data points to a value around $582,421 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $571,000 to $594,000. Relative to what's currently available in FOUNDERS RIDGE, this home would be the 2nd least expensive of 4 comparable homes on the market. The 106 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2019 (6 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in FOUNDERS RIDGE (a buyer's market), competition is a factor to consider. Market data shows FOUNDERS RIDGE prices risen 5.3% over the last half year. The closest comparable sale, 571 Sue Peaks LOOP, Dripping Springs TX 78620 at an adjusted $569,526, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in FOUNDERS RIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group