221 Cotton RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $523,815. For a well positioned listing in HILLVIEW, I'd target the $508,000 to $540,000 range. With 1 comparable homes on the market in HILLVIEW, this price positions the property as below the only comparable home currently on the market. Being 542 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 3.15 acres, the lot is smaller than the 5.74 acre comp average, which factors into pricing. The active market in HILLVIEW includes 1 comparable homes priced from $1,850,000 to $1,850,000. Recent trends in 78620 show home values have fallen 6.4% since 6 months ago. The most comparable recent sale is 151 Cotton RD, Dripping Springs TX 78620, with an adjusted value of $272,513; with a larger floor plan. 7 comparable transactions in HILLVIEW support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group