2400 Spring Valley DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in SPRINGLAKE points to a value of approximately $423,881. To sell within a reasonable timeframe at fair market value, the $333,000 to $343,000 range is where I'd position this. Among the similar homes currently available in SPRINGLAKE, this price point stands out as competitive. The 1983 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.50 acres, the lot is smaller than the 2.85 acre comp average, which factors into pricing. 7 similar homes are currently available in SPRINGLAKE, creating a buyer's market for this price range. In SPRINGLAKE, home values have risen approximately 49.7% over the past 6 months. One of the strongest data points is 251 Barton Meadow DR, Dripping Springs TX 78620, adjusting to $488,214; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group