121 Valley Oak DR, Dripping Springs TX 78620

Based on 7 closed sales in VALLEY OAK, the data points to a value around $901,259 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $657,000 to $667,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in VALLEY OAK's current inventory. This home's smaller footprint (460 sqft vs the comp average) plays a role in how the market prices it. Being built in 1998 (5 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in VALLEY OAK; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 650 Angel Fire DR, Dripping Springs TX 78620 at an adjusted $795,948, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus