2071 Spring Valley DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in SPRINGLAKE points to a value of approximately $522,762. To sell within a reasonable timeframe at fair market value, the $317,000 to $327,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in SPRINGLAKE. The smaller floor plan (511 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 4 of 7 comparable sales didn't include one. Right now, 3 similar properties are competing for buyers in SPRINGLAKE, listed between $299,900 and $545,000. In SPRINGLAKE, home values have risen approximately 49.7% over the past 6 months. One of the strongest data points is 251 Barton Meadow DR, Dripping Springs TX 78620, adjusting to $483,777; with a larger floor plan and no pool. The 7 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