500 Meadow Oaks DR, Dripping Springs TX 78620

After reviewing 5 recent transactions in MEADOW OAKS, I estimate this property's value at $650,579. A competitive list price for this home right now would fall in the $449,000 to $459,000 range. This home's position in the current MEADOW OAKS market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 122 sqft smaller than the typical comp, the size difference factors into the valuation. Having a pool is a plus; 5 of the 5 comps lacked one. 7 similar homes are currently available in MEADOW OAKS, creating a balanced market for this price range. Prices in MEADOW OAKS have risen 4.6% over the last 6 months. A similar home at 115 Greenridge LN, Dripping Springs TX 78620 carries an adjusted comparable value of $641,102, providing a strong data point. The comp data here (5 sales in MEADOW OAKS) 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