265 Vail River RD, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $688,895. If we were to list this property today, I'd recommend a list price in the $603,000 to $613,000 range. This home's position in the current NORTHRIDGE market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 7.56 acres versus 2.77 for the typical comp. With 5 similar homes currently listed in NORTHRIDGE (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 6.4%. The best comp here is 650 Angel Fire DR, Dripping Springs TX 78620 at an adjusted value of $761,150, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in NORTHRIDGE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group