1367 Bearkat Canyon DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $1,019,416. For a well positioned listing in HARRISON HILLS, I'd target the $632,000 to $642,000 range. In the current HARRISON HILLS market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. At 0.86 acres, the lot is larger than the 0.48 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in HARRISON HILLS; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 5.8% since 6 months ago. The most comparable recent sale is 201 Bishop Wood RD, Dripping Springs TX 78620, with an adjusted value of $656,259; with no pool. 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