499 Hays ST, Dripping Springs TX 78620

After reviewing 7 recent transactions in W T CHAPMAN, I estimate this property's value at $328,662. A competitive list price for this home right now would fall in the $319,000 to $339,000 range. This home's position in the current W T CHAPMAN market: the most affordable of 7 comparable homes on the market among comparable properties. At 55 years older than typical comps, the 1965 build date influences the valuation. The smaller lot (0.04 acres versus the area average of 0.22) contributes to the valuation. 7 similar homes are currently available in W T CHAPMAN, creating a buyer's market for this price range. Prices in 78620 have fallen 2.6% over the last 6 months. A similar home at 404 Milkwood Terrace, Dripping Springs TX 78620 carries an adjusted comparable value of $346,607, providing a strong data point. With 7 comparable sales in W T CHAPMAN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group