12118 Triple Creek DR, Dripping Springs TX 78620

My analysis of 4 comparable properties puts this home's estimated value at $1,118,958. Based on how the local market is moving, a list price between $838,000 and $848,000 would position this home well. Relative to what's currently available in 78620, this home would be the most expensive of 6 comparable homes on the market. Having a pool is a plus; 1 of the 4 comps lacked one. The smaller lot (2.16 acres versus the area average of 2.24) contributes to the valuation. There are currently 6 similar homes on the market in 78620, ranging from $724,500 to $1,395,000. The 6 month price trend in 78620: fallen 5.4%. The best comp here is 12303 Triple Creek CIR, Dripping Springs TX 78620 at an adjusted value of $1,146,678, with a smaller floor plan. The comp data here (4 sales in 78620) 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