269 Ira Hill RD, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $552,278. Based on how the local market is moving, a list price between $384,000 and $394,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in MOUNTAIN OAKS's current inventory. At 6 years newer than typical comps, the 2009 build date influences the valuation. The larger lot (5.01 acres versus the area average of 1.75) contributes to the valuation. Current inventory shows 7 comparable homes in MOUNTAIN OAKS; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 7.5%. The best comp here is 311 Harmon Hills CV, Dripping Springs TX 78620 at an adjusted value of $508,227, with a larger floor plan. The comp data here (7 sales in MOUNTAIN OAKS) 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