1001 Panarama DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $584,979. To generate strong buyer interest while maximizing value, I'd price this between $625,000 and $692,000. Among the similar homes currently available in HILL CREEK WEST, this price point stands out as competitive. Being 106 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2018 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 2 similar homes currently listed in HILL CREEK WEST (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 3.8% in the past 6 months. 319 Victoria Peak LOOP, Dripping Springs TX 78620 nearby adjusts to $485,746; a strong comparable. 7 comparable transactions in HILL CREEK WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group