2291 Spring Valley DR, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in SPRINGLAKE) supports an estimated value of $616,518. The data suggests a list price between $604,000 and $629,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SPRINGLAKE, this home would be the 4th most expensive of 7 comparable homes on the market. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1996 (22 years older than comps) is factored into the value estimate. With 7 similar homes currently listed in SPRINGLAKE (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 6% over the last 6 months. A similar home at 348 Big Banyan DR, Dripping Springs TX 78620 carries an adjusted comparable value of $507,480, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in SPRINGLAKE. 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