112 Retha DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $388,181. For a well positioned listing in DRIPPING SPRINGS HEIGHTS, I'd target the $418,000 to $423,000 range. Against 7 similar active listings in DRIPPING SPRINGS HEIGHTS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. The 1985 construction puts this home 21 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in DRIPPING SPRINGS HEIGHTS; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 191 Bonnie DR, Dripping Springs TX 78620, with an adjusted value of $476,766; with a larger floor plan. 7 comparable transactions in DRIPPING SPRINGS HEIGHTS 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