144 Bell Hill DR, Dripping Springs TX 78620

Based on 3 closed sales in CALITERRA, the data points to a value around $686,397 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $550,000 to $560,000. This home's position in the current CALITERRA market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Being 141 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 5 comparable homes in CALITERRA; a balanced market based on recent absorption. Market data shows CALITERRA prices risen 13.1% over the last half year. The closest comparable sale, 428 Double L DR, Dripping Springs TX 78620 at an adjusted $690,728, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in CALITERRA. 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