31987 Mirela Anne RD, Dripping Springs TX 78620

The estimated value of this property is $679,806, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $666,000 and $693,000. With 7 comparable homes on the market in WERTH, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 154 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2006, this home is 5 years newer than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in WERTH, listed between $459,900 and $999,000. Recent trends in 78620 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 31887 Mirela Ann LN, Dripping Springs TX 78620, with an adjusted value of $614,859; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group