200 Medlin Creek LOOP, 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 $1,383,214. I'd recommend coming to market at $1,166,000 to $1,176,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in MEDLIN CREEK. The 745 sqft size difference versus comparable sales is reflected in the adjusted values. The 1.60 acre lot (larger than the 1.41 acre average) is reflected in the estimate. There are currently 3 similar homes on the market in MEDLIN CREEK, ranging from $990,000 to $3,800,000. The trend in 78620 shows prices have fallen 3.7% in the past 6 months. 12126 FITZHUGH PL, Dripping Springs TX 78620 nearby adjusts to $2,247,230; with a smaller floor plan. Based on 7 relevant data points in MEDLIN CREEK, 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