Taking into account 3 nearby comparable sales, this property's estimated value comes to $1,395,479. If we were to list this property today, I'd recommend a list price in the $1,354,000 to $1,437,000 range. This pricing would rank the home as the most expensive of 2 comparable homes on the market in DOS LAGOS's current inventory. At 676 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2007 (8 years older than comps) is factored into the value estimate. With 2 similar homes currently listed in DOS LAGOS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 4.1%. The best comp here is 309 Hacienda PL, Dripping Springs TX 78620 at an adjusted value of $1,291,260, with a smaller floor plan and a pool. The strength of this estimate comes from 3 directly comparable sales in DOS LAGOS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
