320 Fish Trap RD, Dripping Springs TX 78620

The estimated value of this property is $683,907, based on 6 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $512,000 and $522,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in CALITERRA PH FOUR. Being 237 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2022, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in CALITERRA PH FOUR (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 571 Climbing Rock LOOP, Dripping Springs TX 78620, with an adjusted value of $581,272; with a smaller floor plan. Based on 6 relevant data points in CALITERRA PH FOUR, 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