227 Bridge Water LOOP, Dripping Springs TX 78620

Based on 7 closed sales in CALITERRA PH TWO SEC EIGHT, the data points to a value around $875,660 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $682,000 to $692,000. Buyers shopping in CALITERRA PH TWO SEC EIGHT right now would see this as a well positioned option among 4 comparable homes. Lot size matters here: 0.24 acres versus 0.37 for the typical comp. Current inventory shows 4 comparable homes in CALITERRA PH TWO SEC EIGHT; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 6.4% over the last half year. The closest comparable sale, 479 Crosswater LN, Dripping Springs TX 78620 at an adjusted $950,087, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus