183 Seth HVN, Dripping Springs TX 78620

The estimated value of this property is $610,776, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $389,000 and $399,000. Against 7 similar active listings in MOUNTAIN OAKS, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 2006, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 5.01 acre lot (larger than the 2.11 acre average) is reflected in the estimate. The active market in MOUNTAIN OAKS includes 7 comparable homes priced from $397,990 to $700,000. Recent trends in 78620 show home values have fallen 7.6% since 6 months ago. The most comparable recent sale is 311 Harmon Hills CV, Dripping Springs TX 78620, with an adjusted value of $500,664; with a larger floor plan. Based on 7 relevant data points in MOUNTAIN OAKS, 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