1285 Drifting Wind RUN, Dripping Springs TX 78620

Based on 7 closed sales in PRESERVE PH TWO, the data points to a value around $1,511,713 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,135,000 to $1,145,000. This would position the home competitively among 7 active listings in PRESERVE PH TWO. The larger floor plan (909 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2003 (10 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in PRESERVE PH TWO, listed between $1,049,900 and $2,349,900. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 816 Drifting Wind RUN, Dripping Springs TX 78620 at an adjusted $1,402,168, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PRESERVE PH TWO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group