1951 Spring Valley DR, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $479,089. Based on how the local market is moving, a list price between $346,000 and $356,000 would position this home well. Buyers shopping in SPRINGLAKE right now would see this as a well positioned option among 7 comparable homes. The larger lot (3.46 acres versus the area average of 2.09) contributes to the valuation. With 7 similar homes currently listed in SPRINGLAKE (a buyer's market), competition is a factor to consider. The 6 month price trend in SPRINGLAKE: risen 49.7%. The best comp here is 2030 Spring Valley DR, Dripping Springs TX 78620 at an adjusted value of $496,010, a strong comparable. The comp data here (7 sales in SPRINGLAKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus