161 Pure Brook WAY, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,038,011. I'd recommend coming to market at $1,081,000 to $1,215,000 to strike the right balance between value and market velocity. In the current HIGHPOINTE OF DRIPPING SPRINGS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (373 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2014, this home is 5 years older than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in HIGHPOINTE OF DRIPPING SPRINGS (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 370 Ledge Stone DR, Austin TX 78737 nearby adjusts to $819,305; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group