498 Iron Willow LOOP, Dripping Springs TX 78620

The market data from 4 similar recent sales in HEADWATERS PRESERVE points to a value of approximately $600,207. To sell within a reasonable timeframe at fair market value, the $608,000 to $624,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in HEADWATERS PRESERVE. The smaller floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. Buyers in HEADWATERS PRESERVE have 5 comparable options right now, with asking prices between $599,000 and $752,535. In 78620, home values have fallen approximately 4.8% over the past 6 months. One of the strongest data points is 742 Iron Willow LOOP, Dripping Springs TX 78620, adjusting to $725,233; with a larger floor plan. 4 comparable transactions in HEADWATERS PRESERVE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group