202 Chama TRCE, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,035,140. To generate strong buyer interest while maximizing value, I'd price this between $1,363,000 and $1,488,000. Among the similar homes currently available in CHAMA, this price point stands out as competitive. This home's larger footprint (135 sqft vs the comp average) plays a role in how the market prices it. At 2.31 acres, the lot is larger than the 1.97 acre comp average, which factors into pricing. With 3 similar homes currently listed in CHAMA (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.4% in the past 6 months. 642 Chama TRCE, Dripping Springs TX 78620 nearby adjusts to $869,460; with a smaller floor plan. 3 comparable transactions in CHAMA 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