103 River RUN, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $448,893. I'd recommend coming to market at $508,000 to $583,000 to strike the right balance between value and market velocity. Among the similar homes currently available in RIVER OAKS RANCH, this price point stands out as competitive. Built in 1990, this home is 11 years older than the average comp, which is reflected in the adjustments. The 2.50 acre lot (larger than the 1.64 acre average) is reflected in the estimate. 3 similar homes are currently available in RIVER OAKS RANCH, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.4% in the past 6 months. 2030 Spring Valley DR, Dripping Springs TX 78620 nearby adjusts to $467,517; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group