1402 Bell Springs RD, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $516,816. Based on how the local market is moving, a list price between $559,000 and $583,000 would position this home well. Relative to what's currently available in RIVER OAKS RANCH, this home would be the most expensive of 2 comparable homes on the market. This home's smaller footprint (625 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (2.50 acres versus the area average of 2.76) contributes to the valuation. Right now, 2 similar properties are competing for buyers in RIVER OAKS RANCH, listed between $480,000 and $675,000. The 6 month price trend in 78620: fallen 6.7%. The best comp here is 920 Barton Creek DR, Dripping Springs TX 78620 at an adjusted value of $653,250, with a larger floor plan. The comp data here (7 sales in RIVER OAKS RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus