17702 Lakeshore, Dripping Springs TX 78620

The market data from 5 similar recent sales in TWIN LAKE HILLS points to a value of approximately $461,193. To sell within a reasonable timeframe at fair market value, the $447,000 to $475,000 range is where I'd position this. With 3 comparable homes on the market in TWIN LAKE HILLS, this price positions the property as the most expensive of 3 comparable homes on the market. The 2003 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.57 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. The active market in TWIN LAKE HILLS includes 3 comparable homes priced from $455,000 to $490,000. In TWIN LAKE HILLS, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 10105 Twin Lake LOOP, Dripping Springs TX 78620, adjusting to $419,360; a strong comparable. 5 comparable transactions in TWIN LAKE HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group