327 Waters View CT, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,144,138. If we were to list this property today, I'd recommend a list price in the $1,200,000 to $1,318,000 range. Buyers shopping in CALITERRA PH ONE SEC THREE right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (292 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 1.08 acres versus 0.43 for the typical comp. Current inventory shows 3 comparable homes in CALITERRA PH ONE SEC THREE; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 6%. The best comp here is 175 Peakside CIR, Dripping Springs TX 78620 at an adjusted value of $971,080, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in CALITERRA PH ONE SEC THREE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group