After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $404,010. Pricing this home between $413,000 and $434,000 would put it in the competitive sweet spot for HILLS OF SPRINGLAKE. Relative to what's currently available in HILLS OF SPRINGLAKE, this home would be the 3rd least expensive of 7 comparable homes on the market. At 19 years older than typical comps, the 1994 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.41) contributes to the valuation. Buyers in HILLS OF SPRINGLAKE have 7 comparable options right now, with asking prices between $339,990 and $450,000. Market data shows 78620 prices fallen 4.7% over the last half year. The closest comparable sale, 600 Grand Prairie CIR, Dripping Springs TX 78620 at an adjusted $452,372, is a strong comparable. The comp data here (7 sales in HILLS OF SPRINGLAKE) 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
