1950 Spring Valley DR, Dripping Springs TX 78620

7 recent sales in the surrounding area of this address suggest a current value of $560,328. My recommended list price range for this property would be $406,000 to $416,000. Against 7 similar active listings in SPRINGLAKE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (115 sqft vs the comp average) plays a role in how the market prices it. Built in 1986, this home is 13 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in SPRINGLAKE, listed between $410,000 and $650,000. In SPRINGLAKE, home values have risen approximately 49.7% over the past 6 months. One of the strongest data points is 251 Oak Grove DR, Dripping Springs TX 78620, adjusting to $717,919; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group