252 Diamond Point DR, Dripping Springs TX 78620

The estimated value of this property is $436,310, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $421,000 and $430,000. Against 3 similar active listings in TEXAS HERITAGE, this price point lands at the most expensive of 3 comparable homes on the market. The larger floor plan (264 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2017, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in TEXAS HERITAGE have 3 comparable options right now, with asking prices between $389,990 and $399,990. Recent trends in 78620 show home values have fallen 8.5% since 6 months ago. The most comparable recent sale is 126 Buckthorn DR, Dripping Springs TX 78620, with an adjusted value of $390,950; with a smaller floor plan. 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