306 Brookside ST, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $390,990. Based on how the local market is moving, a list price between $379,000 and $403,000 would position this home well. Relative to what's currently available in 78620, this home would be below the only comparable home currently on the market. The smaller floor plan (1,147 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.25 acres versus the area average of 2.37) contributes to the valuation. Right now, 1 similar properties are competing for buyers in 78620, listed between $350,000 and $350,000. The 6 month price trend in 78620: fallen 5.7%. The best comp here is 501 Hays Country Acres RD, Dripping Springs TX 78620 at an adjusted value of $412,139, with a larger floor plan. The comp data here (7 sales in 78620) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus