194 Miss Donna LN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $893,843. To generate strong buyer interest while maximizing value, I'd price this between $606,000 and $616,000. With 1 comparable homes on the market in 78620, this price positions the property as below the only comparable home currently on the market. Being 716 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 1.51 acres, the lot is smaller than the 6.01 acre comp average, which factors into pricing. Buyers in 78620 have 1 comparable options right now, with asking prices between $590,000 and $590,000. The trend in 78620 shows prices have fallen 6.2% in the past 6 months. 330 Mystic Creek DR, Dripping Springs TX 78620 nearby adjusts to $615,157; a strong comparable. 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