4411 Mcgregor LN, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $693,842. Based on how the local market is moving, a list price between $715,000 and $936,000 would position this home well. This home's position in the current 78620 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (464 sqft compared to the average comp) is a meaningful differentiator in this price range. At 12 years newer than typical comps, the 2002 build date influences the valuation. With 3 similar homes currently listed in 78620 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78620: fallen 5.7%. The best comp here is 151 Cotton RD, Dripping Springs TX 78620 at an adjusted value of $367,185, a strong comparable. With 7 comparable sales in 78620, 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