407 Dawn RD, Dripping Springs TX 78620

Taking into account 7 nearby comparable sales, this property's estimated value comes to $710,533. If we were to list this property today, I'd recommend a list price in the $448,000 to $458,000 range. This home's position in the current 78620 market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The smaller floor plan (184 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 10.32 acres versus 4.52 for the typical comp. 6 similar homes are currently available in 78620, creating a buyer's market for this price range. The 6 month price trend in 78620: fallen 4.7%. The best comp here is 255 Rocky Creek RD, Dripping Springs TX 78620 at an adjusted value of $735,418, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78620. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group