2050 Spring Valley DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $644,303. I'd recommend coming to market at $483,000 to $493,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in SPRINGLAKE. At 391 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1987, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in SPRINGLAKE, creating a buyer's market for this price range. The trend in SPRINGLAKE shows prices have risen 49.7% in the past 6 months. 251 Oak Grove DR, Dripping Springs TX 78620 nearby adjusts to $764,943; with a smaller floor plan. Based on 7 relevant data points in SPRINGLAKE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX