400 Rose DR # A, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $297,544. I'd recommend coming to market at $289,000 to $306,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in GATEWAY DOORS. Being 298 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2018, this home is 7 years older than the average comp, which is reflected in the adjustments. With 1 similar homes currently listed in GATEWAY DOORS (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 3.3% in the past 6 months. 267 Ranier WAY, Dripping Springs TX 78620 nearby adjusts to $301,794; with a larger floor plan. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group