3405 Mcgregor LN, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,118,083. I'd recommend coming to market at $1,657,000 to $2,026,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78620. The 282 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1979, this home is 36 years older than the average comp, which is reflected in the adjustments. Buyers in 78620 have 3 comparable options right now, with asking prices between $2,000,000 and $5,500,000. The trend in 78620 shows prices have fallen 4.1% in the past 6 months. 260 Corte Del Cedro DR, Dripping Springs TX 78620 nearby adjusts to $1,262,082; with a larger floor plan. Based on 7 relevant data points in 78620, 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