3700 Bell Springs RD, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in 78620) supports an estimated value of $690,453. The data suggests a list price between $752,000 and $824,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78620, this home would be the 2nd most expensive of 4 comparable homes on the market. Being built in 1993 (20 years older than comps) is factored into the value estimate. Lot size matters here: 10.19 acres versus 3.56 for the typical comp. The active market in 78620 includes 4 comparable homes priced from $596,000 to $925,000. Prices in 78620 have fallen 5.4% over the last 6 months. A similar home at 326 Big Banyan Drive, Dripping Springs TX 78620 carries an adjusted comparable value of $488,835, providing a strong data point. 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