1048 Lucca DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $341,422. To generate strong buyer interest while maximizing value, I'd price this between $331,000 and $352,000. Against 1 similar active listings in RETREAT DRIPPING SPRINGS, this price point lands at below the only comparable home currently on the market. This home's smaller footprint (466 sqft vs the comp average) plays a role in how the market prices it. At 0.00 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. The active market in RETREAT DRIPPING SPRINGS includes 1 comparable homes priced from $545,000 to $545,000. The trend in 78620 shows prices have fallen 5.5% in the past 6 months. 341 Rose DR # A, Dripping Springs TX 78620 nearby adjusts to $301,795; a strong comparable. 7 comparable transactions in RETREAT DRIPPING SPRINGS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group