458 Drifting Wind RUN, Dripping Springs TX 78620

After reviewing 4 recent transactions in PRESERVE PH TWO, I estimate this property's value at $1,213,708. A competitive list price for this home right now would fall in the $870,000 to $880,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in PRESERVE PH TWO's current inventory. Having a pool is a plus; 2 of the 4 comps lacked one. The larger lot (3.39 acres versus the area average of 3.04) contributes to the valuation. Right now, 7 similar properties are competing for buyers in PRESERVE PH TWO, listed between $750,000 and $2,200,000. Prices in 78620 have fallen 4.2% over the last 6 months. A similar home at 218 Candle Leaf CV, Dripping Springs TX 78620 carries an adjusted comparable value of $1,298,328, providing a strong data point. The comp data here (4 sales in PRESERVE PH TWO) 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