101 Hilltop, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $383,531. For a well positioned listing in HILLS OF SPRINGLAKE, I'd target the $319,000 to $329,000 range. In the current HILLS OF SPRINGLAKE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (185 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1995 construction puts this home 11 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in HILLS OF SPRINGLAKE, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 221 Hilltop DR, Dripping Springs TX 78620, with an adjusted value of $367,650; with a larger floor plan. 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