2130 Spring Valley DR, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $605,329. For a well positioned listing in SPRINGLAKE, I'd target the $391,000 to $401,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in SPRINGLAKE. The 2008 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 1.00 acres, the lot is larger than the 0.86 acre comp average, which factors into pricing. The active market in SPRINGLAKE includes 7 comparable homes priced from $404,990 to $650,000. Recent trends in 78620 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 164 Lone Wolf CT, Dripping Springs TX 78620, with an adjusted value of $720,942; a strong comparable. 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