1010 Hays Country Acres, Dripping Springs TX 78620

After reviewing 7 recent transactions in CHAMA, I estimate this property's value at $768,734. A competitive list price for this home right now would fall in the $753,000 to $784,000 range. Buyers shopping in CHAMA right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (486 sqft vs the comp average) plays a role in how the market prices it. The larger lot (2.00 acres versus the area average of 1.81) contributes to the valuation. Current inventory shows 3 comparable homes in CHAMA; a buyer's market based on recent absorption. Prices in 78620 have fallen 9.7% over the last 6 months. A similar home at 642 Chama TRCE, Dripping Springs TX 78620 carries an adjusted comparable value of $792,720, providing a strong data point. The comp data here (7 sales in CHAMA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus