209 Glosson RD, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $443,571. I'd recommend coming to market at $477,000 to $480,000 to strike the right balance between value and market velocity. In the current NORTH FORTY market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The larger floor plan (131 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 15 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in NORTH FORTY, ranging from $415,000 to $649,000. The trend in 78620 shows prices have fallen 6.6% in the past 6 months. 553 Darley Oak DR, Dripping Springs TX 78620 nearby adjusts to $407,209; a strong comparable. Based on 7 relevant data points in NORTH FORTY, 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