393 Stone River DR, Austin TX 78737

My analysis of 7 comparable properties puts this home's estimated value at $800,446. Based on how the local market is moving, a list price between $842,000 and $843,000 would position this home well. Relative to what's currently available in HIGHPOINTE OF DRIPPING SPRINGS, this home would be the 2nd least expensive of 5 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.43) contributes to the valuation. Current inventory shows 5 comparable homes in HIGHPOINTE OF DRIPPING SPRINGS; a balanced market based on recent absorption. The 6 month price trend in 78737: risen 3.8%. The best comp here is 151 Swallowtail DR, Austin TX 78737 at an adjusted value of $712,738, a strong comparable. The comp data here (7 sales in HIGHPOINTE OF DRIPPING SPRINGS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus