416 Oak Springs DR, Dripping Springs TX 78620

My analysis of 3 comparable properties puts this home's estimated value at $754,294. Based on how the local market is moving, a list price between $739,000 and $769,000 would position this home well. This would position the home competitively among 7 active listings in SPRINGWOOD. At 138 sqft larger than the typical comp, the size difference factors into the valuation. At 8 years newer than typical comps, the 1995 build date influences the valuation. Current inventory shows 7 comparable homes in SPRINGWOOD; a buyer's market based on recent absorption. The 6 month price trend in 78620: fallen 4%. The best comp here is 120 Oak Springs DR, Dripping Springs TX 78620 at an adjusted value of $873,324, with a pool. The comp data here (3 sales in SPRINGWOOD) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus