487 Barn Hill LOOP, Dripping Springs TX 78620

The market data from 5 similar recent sales in CALITERRA points to a value of approximately $615,471. To sell within a reasonable timeframe at fair market value, the $597,000 to $634,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in CALITERRA. The 2023 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in CALITERRA includes 3 comparable homes priced from $585,000 to $750,000. In CALITERRA, home values have fallen approximately 9.7% over the past 6 months. One of the strongest data points is 508 Peakside CIR, Dripping Springs TX 78620, adjusting to $588,830; with a smaller floor plan. The 5 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