301 Peabody PL, Dripping Springs TX 78620

The estimated value of this property is $464,084, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $455,000 and $473,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in DRIPPING SPGS COMMERICAL & INDUST PARK. Built in 1994, this home is 32 years older than the average comp, which is reflected in the adjustments. The 2.00 acre lot (larger than the 0.12 acre average) is reflected in the estimate. With 7 similar homes currently listed in DRIPPING SPGS COMMERICAL & INDUST PARK (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 5.8% since 6 months ago. The most comparable recent sale is 156 Heritage Forest PKWY, Dripping Springs TX 78620, with an adjusted value of $437,670; 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