1120 Lucca DR, Dripping Springs TX 78620

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $450,653. Pricing this home between $360,000 and $370,000 would put it in the competitive sweet spot for RETREAT DRIPPING SPGS. Relative to what's currently available in RETREAT DRIPPING SPGS, this home would be the most expensive of 7 comparable homes on the market. The larger floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.10 acres versus the area average of 0.14) contributes to the valuation. With 7 similar homes currently listed in RETREAT DRIPPING SPGS (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 3% over the last half year. The closest comparable sale, 1037 Lucca DR, Dripping Springs TX 78620 at an adjusted $511,140, is a strong comparable. With 4 comparable sales in RETREAT DRIPPING SPGS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group