200 Springlake CIR, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $814,349. To generate strong buyer interest while maximizing value, I'd price this between $634,000 and $644,000. With 7 comparable homes on the market in SPRINGLAKE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (146 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 14 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in SPRINGLAKE, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 7.5% in the past 6 months. 152 Silver Hawk CT, Dripping Springs TX 78620 nearby adjusts to $799,033; with a smaller floor plan. 7 comparable transactions in SPRINGLAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group