903 Bell Springs RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,144,577. For a well positioned listing in CEDAR SPGS RANCH, I'd target the $897,000 to $907,000 range. Against 3 similar active listings in CEDAR SPGS RANCH, this price point lands at the most expensive of 3 comparable homes on the market. The 244 sqft size difference versus comparable sales is reflected in the adjusted values. At 5.86 acres, the lot is larger than the 4.70 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in CEDAR SPGS RANCH, ranging from $875,000 to $1,189,000. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 402 Lander LN, Dripping Springs TX 78620, with an adjusted value of $1,168,127; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group