138 Black Bear CT, 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 $630,995. I'd recommend coming to market at $542,000 to $552,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HIDDEN SPRINGS RANCH, this price positions the property as the 0th most expensive of 7 comparable homes on the market. Built in 2003, this home is 5 years older than the average comp, which is reflected in the adjustments. The 1.40 acre lot (larger than the 0.69 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in HIDDEN SPRINGS RANCH, listed between $499,990 and $574,990. The trend in 78620 shows prices have fallen 3.3% in the past 6 months. 701 W Creek DR, Dripping Springs TX 78620 nearby adjusts to $730,387; with a larger floor plan. Based on 7 relevant data points in HIDDEN SPRINGS RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX