100 Timberline RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in NORTH FORTY points to a value of approximately $451,923. To sell within a reasonable timeframe at fair market value, the $480,000 to $485,000 range is where I'd position this. In the current NORTH FORTY market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. The 1968 construction puts this home 56 years older than the comp average, a factor in the pricing. At 0.34 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. With 7 similar homes currently listed in NORTH FORTY (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 388 Sawtooth Mountain WAY, Dripping Springs TX 78620, adjusting to $401,376; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group