400 Goodnight TRL, Dripping Springs TX 78620

The market data from 6 similar recent sales in POUNDHOUSE HILLS points to a value of approximately $982,686. To sell within a reasonable timeframe at fair market value, the $621,000 to $631,000 range is where I'd position this. With 7 comparable homes on the market in POUNDHOUSE HILLS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. This home's larger footprint (127 sqft vs the comp average) plays a role in how the market prices it. The 2006 construction puts this home 13 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in POUNDHOUSE HILLS (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 2.1% over the past 6 months. One of the strongest data points is 544 Pecos River XING, Dripping Springs TX 78620, adjusting to $856,152; with a pool. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group