301 BONNIE DR, Dripping Springs TX 78620

The market data from 3 similar recent sales in DRIPPING SPGS HEIGHTS points to a value of approximately $632,868. To sell within a reasonable timeframe at fair market value, the $471,000 to $481,000 range is where I'd position this. With 3 comparable homes on the market in DRIPPING SPGS HEIGHTS, this price positions the property as the most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 3 of 3 comparable sales didn't include one. At 0.94 acres, the lot is larger than the 0.85 acre comp average, which factors into pricing. Buyers in DRIPPING SPGS HEIGHTS have 3 comparable options right now, with asking prices between $460,000 and $649,000. In 78620, home values have fallen approximately 5.7% over the past 6 months. One of the strongest data points is 101 Retha DR, Dripping Springs TX 78620, adjusting to $803,410; with no pool. 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