401 Twin Creek CIR, Dripping Springs TX 78620

The market data from 7 similar recent sales in HILL CREEK WEST points to a value of approximately $425,506. To sell within a reasonable timeframe at fair market value, the $413,000 to $438,000 range is where I'd position this. In the current HILL CREEK WEST market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 1.18 acres, the lot is smaller than the 1.51 acre comp average, which factors into pricing. 1 similar homes are currently available in HILL CREEK WEST, creating a buyer's market for this price range. In 78620, home values have fallen approximately 6.4% over the past 6 months. One of the strongest data points is 840 Scenic CIR, Dripping Springs TX 78620, adjusting to $518,750; with a smaller floor plan and a pool. The 7 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