112 Lariat LN, Dripping Springs TX 78620

The market data from 6 similar recent sales in SADDLETREE RANCH points to a value of approximately $1,094,354. To sell within a reasonable timeframe at fair market value, the $1,283,000 to $1,345,000 range is where I'd position this. Against 7 similar active listings in SADDLETREE RANCH, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (635 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in SADDLETREE RANCH (a balanced market), competition is a factor to consider. In SADDLETREE RANCH, home values have fallen approximately 29.1% over the past 6 months. One of the strongest data points is 306 Saddlehorn DR, Dripping Springs TX 78620, adjusting to $1,254,600; with a larger floor plan. 6 comparable transactions in SADDLETREE RANCH 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