1510 E Creek DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,371,405. I'd recommend coming to market at $863,000 to $873,000 to strike the right balance between value and market velocity. Against 6 similar active listings in 78620, this price point lands at the 3rd most expensive of 6 comparable homes on the market. The pool is a standout feature, with 2 of 7 comparable homes not offering one. Built in 1992, this home is 7 years older than the average comp, which is reflected in the adjustments. 6 similar homes are currently available in 78620, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.6% in the past 6 months. 620 Post Oak DR, Dripping Springs TX 78620 nearby adjusts to $1,421,325; with a smaller floor plan. With 7 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