105 Spanish Oak TRL, Dripping Springs TX 78620

The estimated value of this property is $581,715, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $448,000 and $458,000. In the current OAK SPGS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 190 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1987, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in OAK SPGS, listed between $418,990 and $602,303. Recent trends in 78620 show home values have fallen 6.6% since 6 months ago. The most comparable recent sale is 718 Post Oak DR, Dripping Springs TX 78620, with an adjusted value of $661,933; with a smaller floor plan. With 3 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