201 W Fitzhugh RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $769,074. For a well positioned listing in 78620, I'd target the $541,000 to $551,000 range. With 7 comparable homes on the market in 78620, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 7.41 acres, the lot is larger than the 1.77 acre comp average, which factors into pricing. Buyers in 78620 have 7 comparable options right now, with asking prices between $525,000 and $1,189,000. Recent trends in 78620 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 920 Barton Creek DR, Dripping Springs TX 78620, with an adjusted value of $859,375; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group