140 Hill CV, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $885,928. If we were to list this property today, I'd recommend a list price in the $1,076,000 to $1,088,000 range. This home's position in the current 78620 market: the most affordable of 2 comparable homes on the market among comparable properties. Being built in 1990 (8 years older than comps) is factored into the value estimate. Lot size matters here: 6.49 acres versus 6.67 for the typical comp. Current inventory shows 2 comparable homes in 78620; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 6.4%. The best comp here is 2801 Martin RD, Dripping Springs TX 78620 at an adjusted value of $1,446,280, with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78620. 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