2901 County Road 165, Dripping Springs TX 78620

The market data from 3 similar recent sales in 78620 points to a value of approximately $942,383. To sell within a reasonable timeframe at fair market value, the $357,000 to $367,000 range is where I'd position this. In the current 78620 market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (1,137 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1989 construction puts this home 16 years older than the comp average, a factor in the pricing. There are currently 1 similar homes on the market in 78620, ranging from $360,000 to $360,000. In 78620, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 1276 CANYON CROSSING VW, Dripping Springs TX 78620, adjusting to $1,597,330; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group