511 Twin Creek RD, Dripping Springs TX 78620

The market data from 7 similar recent sales in TWIN CREEK points to a value of approximately $635,012. To sell within a reasonable timeframe at fair market value, the $660,000 to $748,000 range is where I'd position this. Against 2 similar active listings in TWIN CREEK, this price point lands at the most expensive of 2 comparable homes on the market. The 282 sqft size difference versus comparable sales is reflected in the adjusted values. The 1992 construction puts this home 10 years older than the comp average, a factor in the pricing. Right now, 2 similar properties are competing for buyers in TWIN CREEK, listed between $596,000 and $1,850,000. In 78620, home values have fallen approximately 6.5% over the past 6 months. One of the strongest data points is 151 Cotton RD, Dripping Springs TX 78620, adjusting to $334,536; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group