Based on 7 closed sales in 78620, the data points to a value around $1,463,334 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,394,000 to $1,423,000. This would position the home competitively among 2 active listings in 78620. The larger floor plan (1,946 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 6 of the comps had one. Right now, 2 similar properties are competing for buyers in 78620, listed between $1,250,000 and $1,325,000. Market data shows 78620 prices fallen 3.1% over the last half year. The closest comparable sale, 432 Stacey Ann CV, Dripping Springs TX 78620 at an adjusted $1,185,300, is with a smaller floor plan and no pool. 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
