345 Gant RD, Dripping Springs TX 78620

Based on 7 closed sales in 78620, the data points to a value around $705,684 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $685,000 to $727,000. This home's position in the current 78620 market: below the only comparable home currently on the market among comparable properties. Being 155 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 2008 (9 years newer than comps) is factored into the value estimate. With 1 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Market data shows 78620 prices fallen 7.2% over the last half year. The closest comparable sale, 201 Hillview CIR, Dripping Springs TX 78620 at an adjusted $605,334, 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