1802 Spring Valley DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $457,508. I'd recommend coming to market at $311,000 to $321,000 to strike the right balance between value and market velocity. Against 2 similar active listings in SPRINGLAKE, this price point lands at the most expensive of 2 comparable homes on the market. The smaller floor plan (331 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2008, this home is 11 years newer than the average comp, which is reflected in the adjustments. The active market in SPRINGLAKE includes 2 comparable homes priced from $339,990 to $545,000. The trend in 78620 shows prices have fallen 4.8% in the past 6 months. 251 Barton Meadow DR, Dripping Springs TX 78620 nearby adjusts to $457,024; with a larger floor plan. Based on 7 relevant data points in SPRINGLAKE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX