240 Rose DR # A, 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 $289,773. I'd recommend coming to market at $285,000 to $406,000 to strike the right balance between value and market velocity. Against 2 similar active listings in GATEWAY DOORS, this price point lands at the most affordable of 2 comparable homes on the market. At 266 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2016, this home is 6 years older than the average comp, which is reflected in the adjustments. 2 similar homes are currently available in GATEWAY DOORS, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 142 Big Banyan DR, Dripping Springs TX 78620 nearby adjusts to $249,957; with a larger floor plan. Based on 7 relevant data points in GATEWAY DOORS, 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