231 Loving TRL # A, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $415,675. If we were to list this property today, I'd recommend a list price in the $308,000 to $318,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in POUNDHOUSE HILLS SEC ONE's current inventory. Being built in 2000 (15 years older than comps) is factored into the value estimate. Lot size matters here: 1.02 acres versus 0.42 for the typical comp. With 7 similar homes currently listed in POUNDHOUSE HILLS SEC ONE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 6.2%. The best comp here is 600 Grand Prairie CIR, Dripping Springs TX 78620 at an adjusted value of $458,720, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in POUNDHOUSE HILLS SEC ONE. 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