115 Baird LN, Dripping Springs TX 78620

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $520,935. I'd recommend coming to market at $398,000 to $408,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78620, this price positions the property as the most expensive of 7 comparable homes on the market. Built in 1993, this home is 10 years older than the average comp, which is reflected in the adjustments. The 0.52 acre lot (smaller than the 0.58 acre average) is reflected in the estimate. Buyers in 78620 have 7 comparable options right now, with asking prices between $350,000 and $559,900. The trend in 78620 shows prices have fallen 6.5% in the past 6 months. 270 Haydon LN, Dripping Springs TX 78620 nearby adjusts to $527,315; a strong comparable. Based on 7 relevant data points in 78620, 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