105 Retha DR, Dripping Springs TX 78620

The estimated value of this property is $401,517, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $311,000 and $321,000. Against 5 similar active listings in HEIGHTS, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 496 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1980, this home is 25 years older than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in HEIGHTS, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 106 Retha DR, Dripping Springs TX 78620, with an adjusted value of $294,750; with a larger floor plan. 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