112 Timberline RD, Dripping Springs TX 78620

Based on 3 closed sales in NORTH FORTY, the data points to a value around $445,638 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $370,000 to $380,000. Relative to what's currently available in NORTH FORTY, this home would be the most expensive of 7 comparable homes on the market. Being built in 1989 (6 years older than comps) is factored into the value estimate. Lot size matters here: 0.89 acres versus 0.62 for the typical comp. Right now, 7 similar properties are competing for buyers in NORTH FORTY, listed between $350,000 and $539,000. Market data shows 78620 prices fallen 4.1% over the last half year. The closest comparable sale, 500 Grand Prairie CIR, Dripping Springs TX 78620 at an adjusted $444,114, is a strong comparable. This estimate draws on 3 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