12524 Triple Creek DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,749,356. I'd recommend coming to market at $1,417,000 to $1,427,000 to strike the right balance between value and market velocity. In the current 78620 market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. Being 872 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 2 of 7 comparable homes not offering one. Current inventory shows 6 comparable homes in 78620; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 110 Riva Ridge PL, Austin TX 78737 nearby adjusts to $2,105,123; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group