430 Old Fitzhugh RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in OLD FITZHUGH TWNHMS points to a value of approximately $397,767. To sell within a reasonable timeframe at fair market value, the $336,000 to $346,000 range is where I'd position this. With 7 comparable homes on the market in OLD FITZHUGH TWNHMS, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 185 sqft size difference versus comparable sales is reflected in the adjusted values. The 2011 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in OLD FITZHUGH TWNHMS; a buyer's market based on recent absorption. In 78620, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 121 Francesco LN, Dripping Springs TX 78620, adjusting to $443,985; with a larger floor plan. 7 comparable transactions in OLD FITZHUGH TWNHMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group