389 Longview RD, Dripping Springs TX 78620

My analysis of 6 comparable properties puts this home's estimated value at $823,664. Based on how the local market is moving, a list price between $891,000 and $953,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 4 comparable homes on the market in TWIN CREEK's current inventory. The 200 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 2001 build date influences the valuation. With 4 similar homes currently listed in TWIN CREEK (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 6.7%. The best comp here is 700 Longview CIR, Dripping Springs TX 78620 at an adjusted value of $739,812, with a larger floor plan. With 6 comparable sales in TWIN CREEK, 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