230 Hilltop DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $447,679. I'd recommend coming to market at $466,000 to $473,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in HILLS OF SPRINGLAKE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Built in 1965, this home is 56 years older than the average comp, which is reflected in the adjustments. The 3.00 acre lot (larger than the 0.25 acre average) is reflected in the estimate. The active market in HILLS OF SPRINGLAKE includes 7 comparable homes priced from $389,990 to $509,990. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 173 Bishop Wood RD, Dripping Springs TX 78620 nearby adjusts to $458,248; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group