24040 W FM 150, Dripping Springs TX 78620

The market data from 7 similar recent sales in SPRINGWOOD points to a value of approximately $783,367. To sell within a reasonable timeframe at fair market value, the $837,000 to $849,000 range is where I'd position this. In the current SPRINGWOOD market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (395 sqft vs the comp average) plays a role in how the market prices it. The 1984 construction puts this home 18 years older than the comp average, a factor in the pricing. The active market in SPRINGWOOD includes 7 comparable homes priced from $760,000 to $1,419,000. One of the strongest data points is 200 Oak Springs DR, Dripping Springs TX 78620, adjusting to $749,927; with a smaller floor plan. 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