106 Retha DR, Dripping Springs TX 78620

After reviewing 7 recent transactions in DRIPPING SPGS HEIGHTS, I estimate this property's value at $465,794. A competitive list price for this home right now would fall in the $378,000 to $388,000 range. This home's position in the current DRIPPING SPGS HEIGHTS market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. At 25 years older than typical comps, the 1993 build date influences the valuation. The larger lot (0.78 acres versus the area average of 0.30) contributes to the valuation. 6 similar homes are currently available in DRIPPING SPGS HEIGHTS, creating a buyer's market for this price range. Prices in 78620 have fallen 8.4% over the last 6 months. A similar home at 101 Retha DR, Dripping Springs TX 78620 carries an adjusted comparable value of $753,633, providing a strong data point. With 7 comparable sales in DRIPPING SPGS HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group