330 Rose DR # A, Dripping Springs TX 78620

The estimated value of this property is $295,892, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $287,000 and $305,000. With 1 comparable homes on the market in GATEWAY DOORS, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (300 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2017, this home is 8 years older than the average comp, which is reflected in the adjustments. Current inventory shows 1 comparable homes in GATEWAY DOORS; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 3.3% since 6 months ago. The most comparable recent sale is 267 Ranier WAY, Dripping Springs TX 78620, with an adjusted value of $300,655; with a larger floor plan. 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