325 Rose DR # B, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $485,786. For a well positioned listing in GATEWAY DOORS CONDO, I'd target the $305,000 to $315,000 range. At this price, the property would be the most expensive of 2 comparable homes on the market comparable homes currently on the market in GATEWAY DOORS CONDO. This home's smaller footprint (791 sqft vs the comp average) plays a role in how the market prices it. At 5.69 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. 2 similar homes are currently available in GATEWAY DOORS CONDO, creating a buyer's market for this price range. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 121 Francesco LN, Dripping Springs TX 78620, with an adjusted value of $412,800; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group