10013 Longhorn SKWY, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $446,516. I'd recommend coming to market at $467,000 to $496,000 to strike the right balance between value and market velocity. Against 3 similar active listings in 78620, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 161 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2013, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in 78620; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 10007 N LONGHORN SKWY, Dripping Springs TX 78620 nearby adjusts to $432,475; with a larger floor plan. Based on 4 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX