237 Goodnight TRL, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $679,239. A competitive list price for this home right now would fall in the $428,000 to $438,000 range. Buyers shopping in 78620 right now would see this as a well positioned option among 7 comparable homes. The 237 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.03 acres versus the area average of 1.46) contributes to the valuation. There are currently 7 similar homes on the market in 78620, ranging from $409,000 to $998,000. Prices in 78620 have fallen 8.4% over the last 6 months. A similar home at 251 Goodnight TRL, Dripping Springs TX 78620 carries an adjusted comparable value of $762,295, providing a strong data point. With 7 comparable sales in 78620, 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