20926 Hamilton Pool, Dripping Springs TX 78620

The estimated value of this property is $1,411,688, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,211,000 and $1,221,000. With 5 comparable homes on the market in 78620, this price positions the property as the 2nd least expensive of 5 comparable homes on the market. Built in 2004, this home is 11 years older than the average comp, which is reflected in the adjustments. The 4.14 acre lot (larger than the 0.85 acre average) is reflected in the estimate. Buyers in 78620 have 5 comparable options right now, with asking prices between $1,250,000 and $2,299,000. Recent trends in 78620 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 16709 Poppy Mallow DR, Austin TX 78738, with an adjusted value of $1,279,073; with a larger floor plan. Based on 7 relevant data points in 78620, 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