463 Beauchamp RD, Dripping Springs TX 78620

Reviewing the most recent comparable transactions, this home's market value falls around $765,144. For a well positioned listing in SHADY VALLEY II, I'd target the $742,000 to $788,000 range. With 1 comparable homes on the market in SHADY VALLEY II, this price positions the property as below the only comparable home currently on the market. At 394 sqft smaller than the typical comp, the size difference factors into the valuation. At 1.50 acres, the lot is smaller than the 5.29 acre comp average, which factors into pricing. Right now, 1 similar properties are competing for buyers in SHADY VALLEY II, listed between $875,000 and $875,000. Recent trends in 78620 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 330 Mystic Creek DR, Dripping Springs TX 78620, with an adjusted value of $585,656; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group