28101 Ranch Road 12, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $312,792. I'd recommend coming to market at $350,000 to $352,000 to strike the right balance between value and market velocity. With 0 comparable homes on the market in 78620, this price positions the property as no active comparable homes on the market. Being 593 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1907, this home is 97 years older than the average comp, which is reflected in the adjustments. The trend in 78620 shows prices have fallen 5.1% in the past 6 months. 241 Haydon ST, Dripping Springs TX 78620 nearby adjusts to $352,125; a strong comparable. With 7 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