200 Prochnow RD, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $407,150 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $418,000 to $434,000. This would position the home competitively among 2 active listings in 78620. Being built in 1955 (64 years older than comps) is factored into the value estimate. Lot size matters here: 40.00 acres versus 0.23 for the typical comp. Current inventory shows 2 comparable homes in 78620; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 3.3% over the last half year. The closest comparable sale, 302 Barn Hill LOOP, Dripping Springs TX 78620 at an adjusted $448,391, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus