17619 Panorama DR, Dripping Springs TX 78620

Based on 6 closed sales in HIGHLAND CREEK, the data points to a value around $498,740 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $511,000 to $542,000. Buyers shopping in HIGHLAND CREEK right now would see this as a well positioned option among 4 comparable homes. At 182 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 2014 (10 years older than comps) is factored into the value estimate. The active market in HIGHLAND CREEK includes 4 comparable homes priced from $440,000 to $599,000. Market data shows 78620 prices fallen 3.8% over the last half year. The closest comparable sale, 8412 Bouvreuil DR, Austin TX 78738 at an adjusted $554,146, is with a larger floor plan. The strength of this estimate comes from 6 directly comparable sales in HIGHLAND CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group