340 Barton Ranch RD, Dripping Springs TX 78620

After reviewing 3 recent transactions in BARTON CREEK RANCH, I estimate this property's value at $952,681. A competitive list price for this home right now would fall in the $934,000 to $972,000 range. Relative to what's currently available in BARTON CREEK RANCH, this home would be the 4th most expensive of 7 comparable homes on the market. The larger floor plan (875 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (1.55 acres versus the area average of 1.86) contributes to the valuation. Right now, 7 similar properties are competing for buyers in BARTON CREEK RANCH, listed between $674,900 and $2,499,000. Prices in 78620 have fallen 6.7% over the last 6 months. A similar home at 401 Barton Creek DR, Dripping Springs TX 78620 carries an adjusted comparable value of $1,034,682, providing a strong data point. With 3 comparable sales in BARTON CREEK RANCH, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group