515 Twidwell DR, Dripping Springs TX 78620

The market data from 6 similar recent sales in SHADY VALLEY points to a value of approximately $1,142,405. To sell within a reasonable timeframe at fair market value, the $1,125,000 to $1,676,000 range is where I'd position this. In the current SHADY VALLEY market with 1 similar homes available, this price represents below the only comparable home currently on the market. At 1,242 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 4 of 6 comparable sales didn't include one. With 1 similar homes currently listed in SHADY VALLEY (a buyer's market), competition is a factor to consider. In 78620, home values have fallen approximately 2.7% over the past 6 months. One of the strongest data points is 160 Mystic Creek DR, Dripping Springs TX 78620, adjusting to $1,675,665; with a smaller floor plan. 6 comparable transactions in SHADY VALLEY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group