2801 Mcgregor LN, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $495,021 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $480,000 to $510,000. This would position the home competitively among 1 active listings in 78620. A pool adds market appeal. Only 7 minus 6 of the comps had one. Being built in 1932 (60 years older than comps) is factored into the value estimate. There are currently 1 similar homes on the market in 78620, ranging from $719,000 to $719,000. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 215 Vail River RD, Dripping Springs TX 78620 at an adjusted $504,783, is with no pool. 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