248 Ira Hill RD, Dripping Springs TX 78620

Based on 7 closed sales in MOUNTAIN OAKS, the data points to a value around $1,267,253 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,242,000 to $1,293,000. Relative to what's currently available in MOUNTAIN OAKS, this home would be the 3rd most expensive of 6 comparable homes on the market. At 126 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 2004 (6 years older than comps) is factored into the value estimate. Buyers in MOUNTAIN OAKS have 6 comparable options right now, with asking prices between $634,990 and $2,385,000. Market data shows 78620 prices fallen 9.7% over the last half year. The closest comparable sale, 1411 Shelton Ranch RD, Dripping Springs TX 78620 at an adjusted $1,428,518, 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