3500 Creek RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in L W KINGSLEY SURV ABS points to a value of approximately $977,423. To sell within a reasonable timeframe at fair market value, the $958,000 to $997,000 range is where I'd position this. In the current L W KINGSLEY SURV ABS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1983 construction puts this home 38 years older than the comp average, a factor in the pricing. At 2.39 acres, the lot is larger than the 0.94 acre comp average, which factors into pricing. With 7 similar homes currently listed in L W KINGSLEY SURV ABS (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 101 Stockman DR, Dripping Springs TX 78620, adjusting to $1,092,861; a strong comparable. 7 comparable transactions in L W KINGSLEY SURV ABS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group