24300 RANCH ROAD 12, Out of State TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $495,459. Based on how the local market is moving, a list price between $536,000 and $545,000 would position this home well. This pricing would rank the home as no active comparable homes on the market in 78620's current inventory. Being 863 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (3.64 acres versus the area average of 2.91) contributes to the valuation. The 6 month price trend in 78620: fallen 6.4%. The best comp here is 200 Oak Springs DR, Dripping Springs TX 78620 at an adjusted value of $545,483, with a larger floor plan. With 7 comparable sales in 78620, 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