114 Roanoak DR, Dripping Springs TX 78620

The market data from 4 similar recent sales in OAK SPRINGS points to a value of approximately $646,082. To sell within a reasonable timeframe at fair market value, the $536,000 to $546,000 range is where I'd position this. Against 7 similar active listings in OAK SPRINGS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1996 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 2.51 acres, the lot is larger than the 2.12 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in OAK SPRINGS, listed between $536,393 and $679,900. In OAK SPRINGS, home values have risen approximately 50.5% over the past 6 months. One of the strongest data points is 205 Spanish Oak TRL, Dripping Springs TX 78620, adjusting to $621,398; with a larger floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group