219 Meadows LN, Dripping Springs TX 78620

The market data from 3 similar recent sales in MEADOW OAKS points to a value of approximately $511,014. To sell within a reasonable timeframe at fair market value, the $409,000 to $419,000 range is where I'd position this. With 7 comparable homes on the market in MEADOW OAKS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 170 sqft smaller than the typical comp, the size difference factors into the valuation. 7 similar homes are currently available in MEADOW OAKS, creating a buyer's market for this price range. In MEADOW OAKS, home values have fallen approximately 11.6% over the past 6 months. One of the strongest data points is 509 Meadow Oaks DR, Dripping Springs TX 78620, adjusting to $561,303; with a larger floor plan. 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