274 Towering Oaks RD, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $528,986 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $646,000 to $653,000. This home's position in the current 78620 market: no active comparable homes on the market among comparable properties. Being 337 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 2.18 acres versus 0.91 for the typical comp. Market data shows 78620 prices fallen 4.1% over the last half year. The closest comparable sale, 190 Brownson LN, Driftwood TX 78619 at an adjusted $573,240, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78620. 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