271 Bowlin CV, Dripping Springs TX 78620

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,242,166. I'd recommend coming to market at $974,000 to $984,000 to strike the right balance between value and market velocity. Against 6 similar active listings in DEERFIELD ESTATES, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The 557 sqft size difference versus comparable sales is reflected in the adjusted values. The 4.46 acre lot (larger than the 3.32 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in DEERFIELD ESTATES; a buyer's market based on recent absorption. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 12099 Bonham Ranch RD, Dripping Springs TX 78620 nearby adjusts to $1,074,250; with a smaller floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group