162 Townes CT, Dripping Springs TX 78620

After reviewing 3 recent transactions in HEADWATERS, I estimate this property's value at $788,556. A competitive list price for this home right now would fall in the $795,000 to $834,000 range. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in HEADWATERS's current inventory. At 656 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.21) contributes to the valuation. The active market in HEADWATERS includes 4 comparable homes priced from $594,990 to $998,000. Prices in HEADWATERS have fallen 7.2% over the last 6 months. A similar home at 117 Townes CT, Dripping Springs TX 78620 carries an adjusted comparable value of $785,521, providing a strong data point. The comp data here (3 sales in HEADWATERS) 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