340 Barton Ranch RD, Dripping Springs TX 78620

After reviewing 7 recent transactions in BARTON CREEK RANCH, I estimate this property's value at $991,830. A competitive list price for this home right now would fall in the $972,000 to $1,012,000 range. Relative to what's currently available in BARTON CREEK RANCH, this home would be the 2nd least expensive of 7 comparable homes on the market. The larger floor plan (1,069 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 8.29) contributes to the valuation. Right now, 7 similar properties are competing for buyers in BARTON CREEK RANCH, listed between $650,000 and $2,490,000. Prices in 78620 have fallen 3% over the last 6 months. A similar home at 15425 Fitzhugh RD, Dripping Springs TX 78620 carries an adjusted comparable value of $2,599,848, providing a strong data point. With 7 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