1999 Prochnow RD, 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 $902,176. I'd recommend coming to market at $1,578,000 to $1,724,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78620, this price point stands out as competitive. Being 117 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1990, this home is 22 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78620, listed between $1,275,000 and $3,650,000. The trend in 78620 shows prices have fallen 6.7% in the past 6 months. 330 Bridge Water LOOP, Dripping Springs TX 78620 nearby adjusts to $850,290; 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