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 $1,338,229. Pricing this home between $1,138,000 and $1,148,000 would put it in the competitive sweet spot for 78620. Relative to what's currently available in 78620, this home would be the most expensive of 3 comparable homes on the market. The larger floor plan (111 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 1.63) contributes to the valuation. Buyers in 78620 have 3 comparable options right now, with asking prices between $1,172,700 and $1,349,999. Market data shows 78620 prices fallen 6.7% over the last half year. The closest comparable sale, 167 Vincas Shadow CT, Driftwood TX 78619 at an adjusted $1,331,000, is with a smaller floor plan. The comp data here (7 sales in 78620) 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