105 Pin Oak ST, Dripping Springs TX 78620

After reviewing 3 recent transactions in OAK SPGS, I estimate this property's value at $555,312. A competitive list price for this home right now would fall in the $435,000 to $445,000 range. Relative to what's currently available in OAK SPGS, this home would be the 2nd most expensive of 7 comparable homes on the market. At 120 sqft smaller than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 3 of the 3 comps lacked one. With 7 similar homes currently listed in OAK SPGS (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 6.1% over the last 6 months. A similar home at 718 Post Oak DR, Dripping Springs TX 78620 carries an adjusted comparable value of $624,593, providing a strong data point. The comp data here (3 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