16313 Paddlefish WAY, Dripping Springs TX 78620

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $1,193,886. Pricing this home between $1,162,000 and $1,358,000 would put it in the competitive sweet spot for 78620. Buyers shopping in 78620 right now would see this as a well positioned option among 3 comparable homes. Being 272 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.48 acres versus the area average of 0.30) contributes to the valuation. 3 similar homes are currently available in 78620, creating a buyer's market for this price range. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 7729 Becasseau DR, Austin TX 78738 at an adjusted $1,161,875, is a strong comparable. With 4 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group