200 Creek RD, Dripping Springs TX 78620

The estimated value of this property is $350,718, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $361,000 and $370,000. With 7 comparable homes on the market in 78620, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (239 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1950, this home is 74 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 1155 N Roger Hanks PKWY, Dripping Springs TX 78620, with an adjusted value of $332,215; with a larger floor plan. Based on 7 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX