227 LOURDES CT # B, Dripping Springs TX 78620

Based on 7 closed sales in GROTTO, the data points to a value around $350,158 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $375,000 to $396,000. This would position the home competitively among 5 active listings in GROTTO. Being 110 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. There are currently 5 similar homes on the market in GROTTO, ranging from $389,990 to $450,000. Market data shows 78620 prices fallen 3% over the last half year. The closest comparable sale, 1155 N Roger Hanks PKWY, Dripping Springs TX 78620 at an adjusted $338,864, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in GROTTO. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group