319 Sundance TRL, Dripping Springs TX 78620

The estimated value of this property is $643,600, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $498,000 and $508,000. In the current 78620 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (248 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1993, this home is 7 years older than the average comp, which is reflected in the adjustments. Buyers in 78620 have 7 comparable options right now, with asking prices between $425,000 and $1,190,000. Recent trends in 78620 show home values have fallen 6.2% since 6 months ago. The most comparable recent sale is 31305 RR 12, Dripping Springs TX 78620, with an adjusted value of $574,377; with a larger floor plan. Based on 7 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX