508 Shadywood LN, Dripping Springs TX 78620

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $918,060. I'd recommend coming to market at $799,000 to $809,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in HIDDEN SPGS RANCH, this price positions the property as the most expensive of 3 comparable homes on the market. The 1.28 acre lot (larger than the 1.10 acre average) is reflected in the estimate. With 3 similar homes currently listed in HIDDEN SPGS RANCH (a buyer's market), competition is a factor to consider. The trend in 78620 shows prices have fallen 6.4% in the past 6 months. 547 Broken Lance DR, Dripping Springs TX 78620 nearby adjusts to $821,857; with a smaller floor plan. Based on 3 relevant data points in HIDDEN SPGS RANCH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX