305 Shadywood LN, Dripping Springs TX 78620

After reviewing 3 recent transactions in MEADOW OAKS, I estimate this property's value at $613,609. A competitive list price for this home right now would fall in the $476,000 to $486,000 range. Relative to what's currently available in MEADOW OAKS, this home would be the 2nd most expensive of 7 comparable homes on the market. At 7 years older than typical comps, the 1993 build date influences the valuation. Right now, 7 similar properties are competing for buyers in MEADOW OAKS, listed between $496,500 and $850,000. Prices in 78620 have fallen 2.8% over the last 6 months. A similar home at 115 Greenridge LN, Dripping Springs TX 78620 carries an adjusted comparable value of $614,082, providing a strong data point. With 3 comparable sales in MEADOW OAKS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group