505 Bending Oak DR, Dripping Springs TX 78620

My analysis of 3 comparable properties puts this home's estimated value at $912,691. Based on how the local market is moving, a list price between $518,000 and $528,000 would position this home well. Buyers shopping in 78620 right now would see this as a well positioned option among 7 comparable homes. Having a pool is a plus; 1 of the 3 comps lacked one. The larger lot (3.89 acres versus the area average of 2.46) contributes to the valuation. The active market in 78620 includes 7 comparable homes priced from $472,000 to $899,995. The 6 month price trend in 78620: fallen 5.5%. The best comp here is 504 Roy Creek LN, Dripping Springs TX 78620 at an adjusted value of $661,662, with a smaller floor plan and no pool. The comp data here (3 sales in 78620) 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