200 Rocky Creek RD, Dripping Springs TX 78620

Based on 7 closed sales in BELL SPGS RANCHES, the data points to a value around $670,317 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $490,000 to $500,000. This home's position in the current BELL SPGS RANCHES market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (1,363 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 19.88 acres versus 5.04 for the typical comp. Current inventory shows 2 comparable homes in BELL SPGS RANCHES; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 201 Hillview CIR, Dripping Springs TX 78620 at an adjusted $651,520, is with a larger floor plan. 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