120 Harmon Hills CV, Dripping Springs TX 78620

The market data from 7 similar recent sales in 78620 points to a value of approximately $426,434. To sell within a reasonable timeframe at fair market value, the $476,000 to $477,000 range is where I'd position this. Against 7 similar active listings in 78620, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 1997 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.05 acres, the lot is smaller than the 1.41 acre comp average, which factors into pricing. 7 similar homes are currently available in 78620, creating a buyer's market for this price range. In 78620, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 251 Barton Meadow DR, Dripping Springs TX 78620, adjusting to $476,252; with a smaller floor plan. The 7 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