441 Iron Willow LOOP, Dripping Springs TX 78620

After reviewing 7 recent transactions in TOLL BROTHERS HEADWATERS - PRESERVE COLLECTION, I estimate this property's value at $812,021. A competitive list price for this home right now would fall in the $796,000 to $828,000 range. This home's position in the current TOLL BROTHERS HEADWATERS - PRESERVE COLLECTION market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. The smaller floor plan (124 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.24 acres versus the area average of 0.20) contributes to the valuation. There are currently 5 similar homes on the market in TOLL BROTHERS HEADWATERS - PRESERVE COLLECTION, ranging from $619,999 to $949,900. Prices in 78620 have fallen 8% over the last 6 months. A similar home at 488 Iron Willow LOOP, Dripping Springs TX 78620 carries an adjusted comparable value of $1,002,265, providing a strong data point. With 7 comparable sales in TOLL BROTHERS HEADWATERS - PRESERVE COLLECTION, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group