1960 Spring Valley DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $443,181. I'd recommend coming to market at $340,000 to $350,000 to strike the right balance between value and market velocity. In the current SPRINGLAKE market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 110 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1984, this home is 22 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in SPRINGLAKE (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.3% in the past 6 months. 251 Barton Meadow DR, Dripping Springs TX 78620 nearby adjusts to $460,182; a strong comparable. 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