101 Cordwood, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $667,397. To generate strong buyer interest while maximizing value, I'd price this between $512,000 and $522,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78620. At 15.55 acres, the lot is larger than the 2.00 acre comp average, which factors into pricing. With 3 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 5.4% in the past 6 months. 242 S Sage HOLW, Dripping Springs TX 78620 nearby adjusts to $541,016; 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