240 Cotton RD, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $966,967 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,018,000 to $1,105,000. Buyers shopping in 78620 right now would see this as a well positioned option among 2 comparable homes. The smaller floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1999 (9 years older than comps) is factored into the value estimate. Right now, 2 similar properties are competing for buyers in 78620, listed between $979,000 and $1,200,000. Market data shows 78620 prices fallen 6.1% over the last half year. The closest comparable sale, 650 Angel Fire DR, Dripping Springs TX 78620 at an adjusted $797,900, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus