255 Dayridge DR, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $574,411. I'd recommend coming to market at $643,000 to $686,000 to strike the right balance between value and market velocity. In the current HEADWATERS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 2016, this home is 6 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in HEADWATERS; a buyer's market based on recent absorption. The trend in HEADWATERS shows prices have fallen 8% in the past 6 months. 527 Dayridge DR, Dripping Springs TX 78620 nearby adjusts to $572,653; a strong comparable. Based on 7 relevant data points in HEADWATERS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX