10810 Timber CIR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $544,453. For a well positioned listing in DEER CREEK, I'd target the $417,000 to $427,000 range. In the current DEER CREEK market with 1 similar homes available, this price represents above the only comparable home currently on the market. The smaller floor plan (1,195 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.16 acres, the lot is smaller than the 0.94 acre comp average, which factors into pricing. With 1 similar homes currently listed in DEER CREEK (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 10013 Little Creek Circle CIR, Dripping Springs TX 78620, with an adjusted value of $359,051; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group