340 Little Barton DR, Dripping Springs TX 78620

The market data from 7 similar recent sales in SPRINGLAKE points to a value of approximately $432,916. To sell within a reasonable timeframe at fair market value, the $424,000 to $442,000 range is where I'd position this. At this price, the property would be no active comparable homes on the market comparable homes currently on the market in SPRINGLAKE. This home's smaller footprint (845 sqft vs the comp average) plays a role in how the market prices it. The 2020 construction puts this home 6 years newer than the comp average, a factor in the pricing. In 78620, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 1816 Spring Valley DR, Dripping Springs TX 78620, adjusting to $379,985; 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