1002 Foothills DR, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $733,573 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $746,000 to $763,000. This would position the home competitively among 4 active listings in 78620. Lot size matters here: 2.01 acres versus 1.83 for the typical comp. The active market in 78620 includes 4 comparable homes priced from $605,000 to $800,000. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 1035 Westland Ridge RD, Dripping Springs TX 78620 at an adjusted $986,201, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78620. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group