3000 Settlers TRL, Dripping Springs TX 78620

The market data from 7 similar recent sales in SETTLERS POINT points to a value of approximately $838,170. To sell within a reasonable timeframe at fair market value, the $546,000 to $556,000 range is where I'd position this. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in SETTLERS POINT. At 5.09 acres, the lot is larger than the 0.78 acre comp average, which factors into pricing. With 7 similar homes currently listed in SETTLERS POINT (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 337 Golden Eagle LN, Dripping Springs TX 78620, adjusting to $914,871; a strong comparable. 7 comparable transactions in SETTLERS POINT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group