351 Goodnight TRL, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $593,721. A competitive list price for this home right now would fall in the $721,000 to $738,000 range. This home's position in the current 78620 market: the most affordable of 3 comparable homes on the market among comparable properties. At 18 years older than typical comps, the 2004 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.37) contributes to the valuation. With 3 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Prices in 78620 have fallen 8.3% over the last 6 months. A similar home at 131 Shumard Peak CV, Dripping Springs TX 78620 carries an adjusted comparable value of $583,623, providing a strong data point. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group