1101 Harmon Hills RD # 1, Dripping Springs TX 78620

The estimated value of this property is $596,886, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $364,000 and $374,000. Among the similar homes currently available in DOUGLAS ESTATES, this price point stands out as competitive. Built in 1988, this home is 9 years older than the average comp, which is reflected in the adjustments. The 4.79 acre lot (larger than the 2.72 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in DOUGLAS ESTATES; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 251 Oak Grove DR, Dripping Springs TX 78620, with an adjusted value of $750,020; a strong comparable. With 7 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