238 Cartman Overlook, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,241,562. I'd recommend coming to market at $777,000 to $787,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78620, this price positions the property as the most expensive of 7 comparable homes on the market. The 4.39 acre lot (larger than the 3.26 acre average) is reflected in the estimate. 7 similar homes are currently available in 78620, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 5.8% in the past 6 months. 116 Horseshoe DR, Dripping Springs TX 78620 nearby adjusts to $1,270,856; with a smaller floor plan. With 5 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