194 Diamond Point DR, Dripping Springs TX 78620

The market data from 3 similar recent sales in TEXAS HERITAGE points to a value of approximately $441,165. To sell within a reasonable timeframe at fair market value, the $438,000 to $457,000 range is where I'd position this. Among the similar homes currently available in TEXAS HERITAGE, this price point stands out as competitive. At 264 sqft larger than the typical comp, the size difference factors into the valuation. The 2017 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 4 similar homes on the market in TEXAS HERITAGE, ranging from $394,990 to $434,990. In 78620, home values have fallen approximately 6.2% over the past 6 months. One of the strongest data points is 126 Buckthorn DR, Dripping Springs TX 78620, adjusting to $396,200; with a smaller floor plan. The 3 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