237 Madera WAY, Dripping Springs TX 78620

The estimated value of this property is $909,363, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,236,000 and $1,347,000. Among the similar homes currently available in DOS LAGOS, this price point stands out as competitive. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. The 2.05 acre lot (larger than the 1.40 acre average) is reflected in the estimate. Buyers in DOS LAGOS have 4 comparable options right now, with asking prices between $1,150,000 and $2,498,000. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 309 Hacienda PL, Dripping Springs TX 78620, with an adjusted value of $1,218,482; with a larger floor plan and a pool. Based on 7 relevant data points in DOS LAGOS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX