26070 RR 12, Dripping Springs TX 78620

Based on 4 closed sales in SPRINGWOOD, the data points to a value around $629,464 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $617,000 to $642,000. This would position the home competitively among 7 active listings in SPRINGWOOD. Lot size matters here: 2.82 acres versus 3.28 for the typical comp. With 7 similar homes currently listed in SPRINGWOOD (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 9.7% over the last half year. The closest comparable sale, 200 Oak Springs DR, Dripping Springs TX 78620 at an adjusted $658,300, is with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus