31987 Mirela Anne RD, Dripping Springs TX 78620

The estimated value of this property is $731,568, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $770,000 and $776,000. With 3 comparable homes on the market in WERTH, this price positions the property as the most affordable of 3 comparable homes on the market. The 125 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2006, this home is 6 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in WERTH, listed between $699,000 and $775,000. Recent trends in 78620 show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 32139 Mirela Anne RD, Dripping Springs TX 78620, with an adjusted value of $674,606; with a smaller floor plan. With 3 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