313 Spanish Oak TRL, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $541,900. To generate strong buyer interest while maximizing value, I'd price this between $461,000 and $471,000. Against 7 similar active listings in OAK SPGS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 2012 construction puts this home 5 years older than the comp average, a factor in the pricing. At 2.00 acres, the lot is larger than the 0.72 acre comp average, which factors into pricing. Buyers in OAK SPGS have 7 comparable options right now, with asking prices between $409,990 and $625,000. The trend in 78620 shows prices have fallen 6.2% in the past 6 months. 718 Post Oak DR, Dripping Springs TX 78620 nearby adjusts to $631,594; with a larger floor plan. 7 comparable transactions in OAK SPGS 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