931 Blue Ridge DR, Dripping Springs TX 78620

The estimated value of this property is $1,126,522, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $868,000 and $878,000. With 6 comparable homes on the market in BUTLER RANCH ESTATES, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. At 169 sqft larger than the typical comp, the size difference factors into the valuation. The 1.50 acre lot (larger than the 0.46 acre average) is reflected in the estimate. Right now, 6 similar properties are competing for buyers in BUTLER RANCH ESTATES, listed between $889,900 and $2,100,000. Recent trends in 78620 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 1089 Blue Ridge DR, Dripping Springs TX 78620, with an adjusted value of $957,792; with a smaller floor plan. Based on 7 relevant data points in BUTLER RANCH ESTATES, 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