505 Shadywood LN W, Dripping Springs TX 78620

The comparable sales data (3 recent transactions in MEADOW OAKS) supports an estimated value of $503,317. The data suggests a list price between $384,000 and $394,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MEADOW OAKS, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 146 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1985 (11 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in MEADOW OAKS; a balanced market based on recent absorption. Prices in MEADOW OAKS have risen 4.6% over the last 6 months. A similar home at 400 Meadow Oaks DR, Dripping Springs TX 78620 carries an adjusted comparable value of $560,160, providing a strong data point. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus