407 K C Memory LN, Dripping Springs TX 78620

The comparable sales data (7 recent transactions in 78620) supports an estimated value of $903,810. The data suggests a list price between $792,000 and $802,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78620, this home would be the most expensive of 6 comparable homes on the market. Lot size matters here: 5.95 acres versus 0.41 for the typical comp. Current inventory shows 6 comparable homes in 78620; a buyer's market based on recent absorption. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 520 Peakside CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $691,462, providing a strong data point. 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