220 ELLA LN, Dripping Springs TX 78620

The estimated value of this property is $513,920, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $569,000 and $573,000. Against 0 similar active listings in THARP, this price point lands at no active comparable homes on the market. At 200 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 6 of 7 comparable homes not offering one. Recent trends in 78620 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 901 Martin RD, Dripping Springs TX 78620, with an adjusted value of $568,900; with a smaller floor plan and no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group