209 GREENRIDGE LN, Dripping Springs TX 78620

The market data from 3 similar recent sales in MEADOW OAKS points to a value of approximately $731,417. To sell within a reasonable timeframe at fair market value, the $762,000 to $786,000 range is where I'd position this. In the current MEADOW OAKS market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (359 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in MEADOW OAKS, listed between $650,000 and $1,165,000. In 78620, home values have fallen approximately 7.7% over the past 6 months. One of the strongest data points is 200 Hillside DR, Dripping Springs TX 78620, adjusting to $672,023; with a smaller floor plan. The 3 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