1385 Beauchamp RD, Dripping Springs TX 78620

My analysis of 5 comparable properties puts this home's estimated value at $1,078,711. Based on how the local market is moving, a list price between $1,767,000 and $1,932,000 would position this home well. Buyers shopping in SILVERADO ESTATES PH ONE right now would see this as a well positioned option among 5 comparable homes. At 1,499 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (1.77 acres versus the area average of 5.25) contributes to the valuation. Current inventory shows 5 comparable homes in SILVERADO ESTATES PH ONE; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 7.1%. The best comp here is 515 Twidwell DR, Dripping Springs TX 78620 at an adjusted value of $1,038,353, with a smaller floor plan and a pool. With 5 comparable sales in SILVERADO ESTATES PH ONE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group