250 River RUN, 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 $664,451. I'd recommend coming to market at $651,000 to $678,000 to strike the right balance between value and market velocity. In the current 78620 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (184 sqft vs the comp average) plays a role in how the market prices it. The 2.50 acre lot (larger than the 1.65 acre average) is reflected in the estimate. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group