111 Roanoak DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $481,543. I'd recommend coming to market at $404,000 to $414,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in OAK SPGS. Built in 1996, this home is 17 years older than the average comp, which is reflected in the adjustments. The 2.30 acre lot (larger than the 0.79 acre average) is reflected in the estimate. The active market in OAK SPGS includes 5 comparable homes priced from $419,000 to $850,000. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 106 Retha DR, Dripping Springs TX 78620 nearby adjusts to $430,085; a strong comparable. Based on 7 relevant data points in OAK SPGS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX