185 Madera WAY, Dripping Springs TX 78620

The market data from 7 similar recent sales in DOS LAGOS points to a value of approximately $915,122. To sell within a reasonable timeframe at fair market value, the $654,000 to $664,000 range is where I'd position this. Against 7 similar active listings in DOS LAGOS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 5 of 7 comparable sales didn't include one. At 1.95 acres, the lot is larger than the 1.64 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in DOS LAGOS; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 309 Hacienda PL, Dripping Springs TX 78620, adjusting to $1,160,503; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group