204 Glosson RD, Dripping Springs TX 78620

The market data from 4 similar recent sales in NORTH FORTY points to a value of approximately $469,362. To sell within a reasonable timeframe at fair market value, the $335,000 to $345,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in NORTH FORTY. The smaller floor plan (204 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2009 construction puts this home 9 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in NORTH FORTY, ranging from $355,000 to $489,990. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 190 N Sage HOLW, Dripping Springs TX 78620, adjusting to $477,682; with a larger floor plan. The 4 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