1501 Loop 165, Dripping Springs TX 78620

5 recent sales in the surrounding area of this address suggest a current value of $1,034,238. My recommended list price range for this property would be $1,003,000 to $1,065,000. With 0 comparable homes on the market in 78620, this price positions the property as no active comparable homes on the market. This home's larger footprint (1,057 sqft vs the comp average) plays a role in how the market prices it. Built in 1994, this home is 8 years older than the average comp, which is reflected in the adjustments. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 2200 Divide PASS, Blanco TX 78606, adjusting to $1,197,688; with a larger floor plan. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group