1280 Hart LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $455,246. To generate strong buyer interest while maximizing value, I'd price this between $280,000 and $290,000. Against 3 similar active listings in 78620, this price point lands at the most expensive of 3 comparable homes on the market. The 463 sqft size difference versus comparable sales is reflected in the adjusted values. At 9.00 acres, the lot is larger than the 2.92 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78620, ranging from $289,900 to $499,000. The trend in 78620 shows prices have fallen 8.4% in the past 6 months. 10605 Lake Beach DR, Dripping Springs TX 78620 nearby adjusts to $432,038; 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