13000 Settlers, 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 $883,300. I'd recommend coming to market at $603,000 to $613,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78620, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 2003, this home is 17 years older than the average comp, which is reflected in the adjustments. The 5.98 acre lot (larger than the 0.70 acre average) is reflected in the estimate. Buyers in 78620 have 7 comparable options right now, with asking prices between $650,000 and $1,195,000. The trend in 78620 shows prices have fallen 6.7% in the past 6 months. 550 Goodnight TRL, Dripping Springs TX 78620 nearby adjusts to $992,428; a strong comparable. 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