10810 Timber CIR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $524,595. For a well positioned listing in DEER CREEK, I'd target the $580,000 to $825,000 range. In the current DEER CREEK market with 0 similar homes available, this price represents no active comparable homes on the market. The smaller floor plan (1,115 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.16 acres, the lot is smaller than the 0.89 acre comp average, which factors into pricing. Recent trends in 78620 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 10233 Twin Lake LOOP, Dripping Springs TX 78620, with an adjusted value of $405,239; a strong comparable. 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