17629 Panorama DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $433,807. I'd recommend coming to market at $370,000 to $380,000 to strike the right balance between value and market velocity. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78620. Built in 2018, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.12 acre lot (smaller than the 0.46 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78620, listed between $399,999 and $640,000. The trend in 78620 shows prices have fallen 6.8% in the past 6 months. 10602 Creekwood CIR, Dripping Springs TX 78620 nearby adjusts to $463,631; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group