400 Harmon Hills, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $442,856. For a well positioned listing in 78620, I'd target the $434,000 to $452,000 range. In the current 78620 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 2.19 acres, the lot is larger than the 0.98 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 8% since 6 months ago. The most comparable recent sale is 121 Francesco LN, Dripping Springs TX 78620, with an adjusted value of $457,828; a strong comparable. 7 comparable transactions in 78620 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group