110 Peabody PL, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $681,497. For a well positioned listing in 78620, I'd target the $563,000 to $573,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78620. The 1976 construction puts this home 45 years older than the comp average, a factor in the pricing. At 2.41 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. Buyers in 78620 have 7 comparable options right now, with asking prices between $547,427 and $750,000. Recent trends in 78620 show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 640 Prairie Clover DR, Dripping Springs TX 78620, with an adjusted value of $843,010; a strong comparable. 7 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group