9425 Stratus DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,749,511. To generate strong buyer interest while maximizing value, I'd price this between $2,259,000 and $2,272,000. In the current VISTANCIA market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. At 167 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.00 acres, the lot is smaller than the 1.12 acre comp average, which factors into pricing. 6 similar homes are currently available in VISTANCIA, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6% in the past 6 months. 17301 Avion DR, Dripping Springs TX 78620 nearby adjusts to $1,633,450; a strong comparable. 5 comparable transactions in VISTANCIA support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group