231 Haydon ST, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $370,949. Based on how the local market is moving, a list price between $386,000 and $394,000 would position this home well. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in W T CHAPMAN #3's current inventory. At 11 years older than typical comps, the 2014 build date influences the valuation. The larger lot (1.03 acres versus the area average of 0.11) contributes to the valuation. Right now, 7 similar properties are competing for buyers in W T CHAPMAN #3, listed between $350,000 and $440,000. The 6 month price trend in 78620: fallen 6.3%. The best comp here is 118 Big Banyan DR, Dripping Springs TX 78620 at an adjusted value of $359,284, a strong comparable. With 7 comparable sales in W T CHAPMAN #3, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group