116 Springlake CIR, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $508,941. Pricing this home between $338,000 and $348,000 would put it in the competitive sweet spot for SPRINGLAKE. Buyers shopping in SPRINGLAKE right now would see this as a well positioned option among 7 comparable homes. The larger lot (2.61 acres versus the area average of 1.57) contributes to the valuation. The active market in SPRINGLAKE includes 7 comparable homes priced from $368,500 to $649,000. Market data shows SPRINGLAKE prices risen 49.7% over the last half year. The closest comparable sale, 2030 Spring Valley DR, Dripping Springs TX 78620 at an adjusted $539,545, is with a smaller floor plan. With 7 comparable sales in SPRINGLAKE, 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