2101 Spring Valley, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $428,543. To generate strong buyer interest while maximizing value, I'd price this between $319,000 and $329,000. 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. The smaller floor plan (121 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1981 construction puts this home 12 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in SPRINGLAKE, ranging from $339,990 to $560,000. The trend in SPRINGLAKE shows prices have risen 49.7% in the past 6 months. 500 Shelton Ranch RD, Dripping Springs TX 78620 nearby adjusts to $462,810; a strong comparable. 7 comparable transactions in SPRINGLAKE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group