187 Iron Rail, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in TEXAS HERITAGE) supports an estimated value of $317,858. The data suggests a list price between $312,000 and $324,000 would attract qualified buyers without leaving money on the table. This home's position in the current TEXAS HERITAGE market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. Being built in 2017 (5 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.10 for the typical comp. With 7 similar homes currently listed in TEXAS HERITAGE (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 8.2% over the last 6 months. A similar home at 221 Diamond Point DR, Dripping Springs TX 78620 carries an adjusted comparable value of $285,824, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in TEXAS HERITAGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group