334 Chama TRCE, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $810,681. Pricing this home between $988,000 and $1,063,000 would put it in the competitive sweet spot for CHAMA. Relative to what's currently available in CHAMA, this home would be the most affordable of 3 comparable homes on the market. The larger lot (2.00 acres versus the area average of 1.74) contributes to the valuation. There are currently 3 similar homes on the market in CHAMA, ranging from $967,770 to $1,599,900. Market data shows 78620 prices fallen 6.2% over the last half year. The closest comparable sale, 642 Chama TRCE, Dripping Springs TX 78620 at an adjusted $795,750, is with a larger floor plan. The comp data here (7 sales in CHAMA) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus