128 Raton PASS, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $520,510. For a well positioned listing in LEGACY, I'd target the $674,000 to $693,000 range. Against 7 similar active listings in LEGACY, this price point lands at the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.17 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in LEGACY; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 149 Comfort Maple LN, Dripping Springs TX 78620, with an adjusted value of $581,855; with a larger floor plan. 7 comparable transactions in LEGACY 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