269 Seth HVN, Dripping Springs TX 78620

After reviewing 7 recent transactions in MOUNTAIN OAKS, I estimate this property's value at $470,551. A competitive list price for this home right now would fall in the $502,000 to $507,000 range. This would position the home competitively among 7 active listings in MOUNTAIN OAKS. At 20 years older than typical comps, the 1999 build date influences the valuation. The larger lot (5.39 acres versus the area average of 0.25) contributes to the valuation. The active market in MOUNTAIN OAKS includes 7 comparable homes priced from $409,990 to $600,000. Prices in 78620 have fallen 6.5% over the last 6 months. A similar home at 170 Bunker Ranch BLVD # 30, Dripping Springs TX 78620 carries an adjusted comparable value of $539,165, providing a strong data point. With 7 comparable sales in MOUNTAIN OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group