203 W Lakeshore DR, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in RIVER OAKS RANCH) supports an estimated value of $565,205. The data suggests a list price between $677,000 and $685,000 would attract qualified buyers without leaving money on the table. This home's position in the current RIVER OAKS RANCH market: the most affordable of 2 comparable homes on the market among comparable properties. Being 370 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 2.52 acres versus 2.41 for the typical comp. Current inventory shows 2 comparable homes in RIVER OAKS RANCH; a buyer's market based on recent absorption. Prices in 78620 have fallen 6.6% over the last 6 months. A similar home at 2030 Spring Valley DR, Dripping Springs TX 78620 carries an adjusted comparable value of $503,515, providing a strong data point. 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