119 Oak Springs DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $533,958. I'd recommend coming to market at $408,000 to $418,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in SPRINGWOOD, this price positions the property as the most expensive of 5 comparable homes on the market. This home's smaller footprint (147 sqft vs the comp average) plays a role in how the market prices it. Built in 1977, this home is 20 years older than the average comp, which is reflected in the adjustments. Buyers in SPRINGWOOD have 5 comparable options right now, with asking prices between $409,990 and $499,980. 300 Oak Springs DR, Dripping Springs TX 78620 nearby adjusts to $499,689; with a larger floor plan. Based on 7 relevant data points in SPRINGWOOD, 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