316 Harmon Hills CV, Dripping Springs TX 78620

Based on 7 closed sales in HARMON HILLS SEC ONE, the data points to a value around $468,790 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $475,000 to $494,000. This home's position in the current HARMON HILLS SEC ONE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (115 sqft vs the comp average) plays a role in how the market prices it. Being built in 2008 (7 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in HARMON HILLS SEC ONE; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 6.7% over the last half year. The closest comparable sale, 311 Harmon Hills CV, Dripping Springs TX 78620 at an adjusted $450,360, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in HARMON HILLS SEC ONE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group