151 Cotton RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in HILLVIEW points to a value of approximately $577,757. To sell within a reasonable timeframe at fair market value, the $568,000 to $591,000 range is where I'd position this. In the current HILLVIEW market with 2 similar homes available, this price represents the most affordable of 2 comparable homes on the market. The smaller floor plan (162 sqft compared to the average comp) is a meaningful differentiator in this price range. At 2.94 acres, the lot is larger than the 2.37 acre comp average, which factors into pricing. The active market in HILLVIEW includes 2 comparable homes priced from $596,000 to $750,000. In 78620, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 201 Hillview CIR, Dripping Springs TX 78620, adjusting to $568,346; with a larger floor plan. 7 comparable transactions in HILLVIEW support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group