2111 Loop 165, Dripping Springs TX 78620

The market data from 5 similar recent sales in 78620 points to a value of approximately $1,035,292. To sell within a reasonable timeframe at fair market value, the $509,000 to $519,000 range is where I'd position this. In the current 78620 market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 1,232 sqft smaller than the typical comp, the size difference factors into the valuation. The 1997 construction puts this home 8 years older than the comp average, a factor in the pricing. The 5 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