9313 Stratus DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,462,471. For a well positioned listing in VISTANCIA, I'd target the $1,835,000 to $1,840,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in VISTANCIA. The 2018 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 1.01 acres, the lot is smaller than the 1.11 acre comp average, which factors into pricing. The active market in VISTANCIA includes 3 comparable homes priced from $1,175,000 to $2,450,000. Recent trends in 78620 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 17301 Avion DR, Dripping Springs TX 78620, with an adjusted value of $1,505,658; with a larger floor plan and a pool. The 3 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