17200 Panorama DR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $419,966. To generate strong buyer interest while maximizing value, I'd price this between $424,000 and $425,000. With 5 comparable homes on the market in HIGHLAND CREEK LAKES, this price positions the property as the most expensive of 5 comparable homes on the market. This home's smaller footprint (152 sqft vs the comp average) plays a role in how the market prices it. At 0.56 acres, the lot is larger than the 0.44 acre comp average, which factors into pricing. With 5 similar homes currently listed in HIGHLAND CREEK LAKES (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.7% in the past 6 months. 10105 Little Creek CIR, Dripping Springs TX 78620 nearby adjusts to $424,344; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group