12.14 acres Gatlin Creek RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $573,115. For a well positioned listing in 78620, I'd target the $495,000 to $505,000 range. Among the similar homes currently available in 78620, this price point stands out as competitive. The 1985 construction puts this home 27 years older than the comp average, a factor in the pricing. At 12.14 acres, the lot is larger than the 1.56 acre comp average, which factors into pricing. Buyers in 78620 have 1 comparable options right now, with asking prices between $499,980 and $499,980. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 551 Gatlin Creek RD, Dripping Springs TX 78620, with an adjusted value of $612,625; a strong comparable. 7 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group