121 Barton Meadow DR, Dripping Springs TX 78620

After reviewing 7 recent transactions in SPRINGLAKE, I estimate this property's value at $414,487. A competitive list price for this home right now would fall in the $325,000 to $335,000 range. Relative to what's currently available in SPRINGLAKE, this home would be the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (206 sqft compared to the average comp) is a meaningful differentiator in this price range. At 20 years older than typical comps, the 1980 build date influences the valuation. Current inventory shows 7 comparable homes in SPRINGLAKE; a buyer's market based on recent absorption. Prices in 78620 have fallen 6.7% over the last 6 months. A similar home at 251 Barton Meadow DR, Dripping Springs TX 78620 carries an adjusted comparable value of $418,032, providing a strong data point. The comp data here (7 sales in SPRINGLAKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus