289 Jenn CV, Dripping Springs TX 78620

The estimated value of this property is $798,153, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $891,000 and $938,000. Against 3 similar active listings in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 162 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.75 acre lot (smaller than the 0.82 acre average) is reflected in the estimate. 3 similar homes are currently available in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 914 Blue Ridge DR, Dripping Springs TX 78620, with an adjusted value of $755,138; a strong comparable. Based on 4 relevant data points in COUNTS ESTATES PH TWO AKA BUTLER RANCH ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX