356 Bridge Water LOOP, Dripping Springs TX 78620

The estimated value of this property is $745,379, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $564,000 and $574,000. In the current CALITERRA market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The larger floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2023, this home is 7 years newer than the average comp, which is reflected in the adjustments. Buyers in CALITERRA have 7 comparable options right now, with asking prices between $549,109 and $1,275,000. Recent trends in CALITERRA show home values have fallen 7.8% since 6 months ago. The most comparable recent sale is 252 Canal DR, Dripping Springs TX 78620, with an adjusted value of $780,412; with a larger floor plan. Based on 4 relevant data points in CALITERRA, 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