10210 Thomas LN, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $460,945. For a well positioned listing in VALLEY LAKE HILLS, I'd target the $450,000 to $452,000 range. Against 2 similar active listings in VALLEY LAKE HILLS, this price point lands at the most expensive of 2 comparable homes on the market. The 2001 construction puts this home 8 years older than the comp average, a factor in the pricing. At 1.96 acres, the lot is larger than the 0.66 acre comp average, which factors into pricing. Right now, 2 similar properties are competing for buyers in VALLEY LAKE HILLS, listed between $390,000 and $445,000. Recent trends in VALLEY LAKE HILLS show home values have risen 8.6% since 6 months ago. The most comparable recent sale is 10212 Thomas LN, Dripping Springs TX 78620, with an adjusted value of $486,651; with a smaller 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