121 Iron Rail RD, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $323,955. Pricing this home between $379,000 and $387,000 would put it in the competitive sweet spot for TEXAS HERITAGE. This home's position in the current TEXAS HERITAGE market: the most affordable of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. With 7 similar homes currently listed in TEXAS HERITAGE (a buyer's market), competition is a factor to consider. Market data shows TEXAS HERITAGE prices fallen 19.3% over the last half year. The closest comparable sale, 221 Diamond Point DR, Dripping Springs TX 78620 at an adjusted $293,725, is a strong comparable. With 7 comparable sales in TEXAS HERITAGE, 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