127 LOURDES CT # B, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $349,543. To generate strong buyer interest while maximizing value, I'd price this between $379,000 and $397,000. With 5 comparable homes on the market in GROTTO, this price positions the property as the most affordable of 5 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. 5 similar homes are currently available in GROTTO, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 3% in the past 6 months. 267 Ranier WAY, Dripping Springs TX 78620 nearby adjusts to $354,025; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group