251 Cinder CV, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,221,112. Pricing this home between $1,052,000 and $1,062,000 would put it in the competitive sweet spot for PRESERVE PH THREE. Relative to what's currently available in PRESERVE PH THREE, this home would be the most expensive of 3 comparable homes on the market. The larger floor plan (777 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (4.81 acres versus the area average of 3.25) contributes to the valuation. Buyers in PRESERVE PH THREE have 3 comparable options right now, with asking prices between $949,000 and $2,200,000. Market data shows 78620 prices fallen 8.5% over the last half year. The closest comparable sale, 167 Vincas Shadow CT, Driftwood TX 78619 at an adjusted $1,330,705, is with a smaller floor plan. The comp data here (7 sales in PRESERVE PH THREE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus