10204 Thomas LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $475,587. To generate strong buyer interest while maximizing value, I'd price this between $461,000 and $490,000. With 5 comparable homes on the market in VALLEY LAKE HILLS, this price positions the property as the most expensive of 5 comparable homes on the market. The 2012 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is smaller than the 0.41 acre comp average, which factors into pricing. The active market in VALLEY LAKE HILLS includes 5 comparable homes priced from $445,000 to $499,900. The trend in VALLEY LAKE HILLS shows prices have fallen 5.7% in the past 6 months. 10013 Little Creek Circle CIR, Dripping Springs TX 78620 nearby adjusts to $464,986; a strong comparable. The 3 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