1801 Spring Valley DR, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $426,201. Based on how the local market is moving, a list price between $330,000 and $340,000 would position this home well. This home's position in the current SPRINGLAKE market: the most expensive of 5 comparable homes on the market among comparable properties. The 280 sqft size difference versus comparable sales is reflected in the adjusted values. At 8 years older than typical comps, the 1992 build date influences the valuation. The active market in SPRINGLAKE includes 5 comparable homes priced from $339,990 to $450,000. The 6 month price trend in 78620: fallen 6.7%. The best comp here is 251 Barton Meadow DR, Dripping Springs TX 78620 at an adjusted value of $445,260, a strong comparable. With 7 comparable sales in SPRINGLAKE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group