17612 Sly Fox DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in MONTEBELLA points to a value of approximately $459,190. To sell within a reasonable timeframe at fair market value, the $506,000 to $517,000 range is where I'd position this. Against 7 similar active listings in MONTEBELLA, this price point lands at the 2nd least expensive of 7 comparable homes on the market. This home's smaller footprint (134 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in MONTEBELLA, creating a buyer's market for this price range. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 9921 Stratus DR, Dripping Springs TX 78620, adjusting to $418,891; with a larger floor plan. The 7 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