223 Greenridge LN, Dripping Springs TX 78620

My analysis of 3 comparable properties puts this home's estimated value at $591,362. Based on how the local market is moving, a list price between $373,000 and $383,000 would position this home well. Relative to what's currently available in MEADOW OAKS, this home would be the most expensive of 7 comparable homes on the market. This home's smaller footprint (155 sqft vs the comp average) plays a role in how the market prices it. At 7 years older than typical comps, the 2000 build date influences the valuation. 7 similar homes are currently available in MEADOW OAKS, creating a buyer's market for this price range. The 6 month price trend in MEADOW OAKS: fallen 11.6%. The best comp here is 509 Meadow Oaks DR, Dripping Springs TX 78620 at an adjusted value of $570,644, a strong comparable. The comp data here (3 sales in MEADOW OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus