450 Shadywood LN, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $966,126. I'd recommend coming to market at $697,000 to $707,000 to strike the right balance between value and market velocity. Against 7 similar active listings in HIDDEN SPGS RANCH, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 650 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2000, this home is 13 years older than the average comp, which is reflected in the adjustments. Buyers in HIDDEN SPGS RANCH have 7 comparable options right now, with asking prices between $674,900 and $2,499,000. The trend in 78620 shows prices have fallen 5.5% in the past 6 months. 547 Broken Lance DR, Dripping Springs TX 78620 nearby adjusts to $846,705; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group