111 Obsidian DR, Dripping Springs TX 78620

Based on 7 closed sales in ARROWHEAD RANCH, the data points to a value around $631,243 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $643,000 to $646,000. This would position the home competitively among 7 active listings in ARROWHEAD RANCH. The 173 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.18 acres versus 0.21 for the typical comp. With 7 similar homes currently listed in ARROWHEAD RANCH (a balanced market), competition is a factor to consider. Market data shows ARROWHEAD RANCH prices risen 5.5% over the last half year. The closest comparable sale, 829 Pink Granite BLVD, Dripping Springs TX 78620 at an adjusted $645,865, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus