332 Madera WAY, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,143,493. I'd recommend coming to market at $1,220,000 to $1,448,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in DOS LAGOS, this price positions the property as the most affordable of 4 comparable homes on the market. This home's smaller footprint (283 sqft vs the comp average) plays a role in how the market prices it. Built in 2008, this home is 8 years older than the average comp, which is reflected in the adjustments. Right now, 4 similar properties are competing for buyers in DOS LAGOS, listed between $1,195,000 and $2,500,000. The trend in 78620 shows prices have fallen 5.7% in the past 6 months. 309 Hacienda PL, Dripping Springs TX 78620 nearby adjusts to $1,188,636; with a larger floor plan and a pool. Based on 3 relevant data points in DOS LAGOS, 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