200 High Point TRL, Dripping Springs TX 78620

The estimated value of this property is $713,473, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $854,000 and $939,000. Among the similar homes currently available in MADRONE RANCH, this price point stands out as competitive. Being 144 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1998, this home is 9 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in MADRONE RANCH, listed between $825,000 and $1,575,000. Recent trends in 78620 show home values have fallen 4.1% since 6 months ago. The most comparable recent sale is 820 Morgan Hill DR, Dripping Springs TX 78620, with an adjusted value of $789,504; a strong comparable. Based on 7 relevant data points in MADRONE RANCH, 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