201 Purcell PL, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $417,344. For a well positioned listing in 78620, I'd target the $423,000 to $436,000 range. With 7 comparable homes on the market in 78620, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 108 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. There are currently 7 similar homes on the market in 78620, ranging from $339,990 to $550,000. Recent trends in 78620 show home values have fallen 6.3% since 6 months ago. The most comparable recent sale is 106 Retha DR, Dripping Springs TX 78620, with an adjusted value of $365,624; with a larger floor plan and no pool. 7 comparable transactions in 78620 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