1021 Spanish Oak TRL, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $478,776. Based on how the local market is moving, a list price between $373,000 and $383,000 would position this home well. Buyers shopping in OAK SPGS right now would see this as a well positioned option among 7 comparable homes. At 21 years older than typical comps, the 1983 build date influences the valuation. The larger lot (4.00 acres versus the area average of 1.30) contributes to the valuation. 7 similar homes are currently available in OAK SPGS, creating a buyer's market for this price range. The 6 month price trend in 78620: fallen 5.7%. The best comp here is 718 Post Oak DR, Dripping Springs TX 78620 at an adjusted value of $642,761, with a larger floor plan. The comp data here (7 sales in OAK SPGS) 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