345 Gant RD, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $791,376 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $517,000 to $527,000. This home's position in the current 78620 market: the most expensive of 2 comparable homes on the market among comparable properties. Being built in 2008 (7 years newer than comps) is factored into the value estimate. Lot size matters here: 5.16 acres versus 7.68 for the typical comp. With 2 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 6.7% over the last half year. The closest comparable sale, 201 Hillview CIR, Dripping Springs TX 78620 at an adjusted $605,098, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78620. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group