516 Shadywood LN, Dripping Springs TX 78620

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $756,256. I'd recommend coming to market at $548,000 to $558,000 to strike the right balance between value and market velocity. In the current HIDDEN SPRINGS RANCH market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1.19 acre lot (smaller than the 1.50 acre average) is reflected in the estimate. 7 similar homes are currently available in HIDDEN SPRINGS RANCH, creating a buyer's market for this price range. The trend in 78620 shows prices have fallen 6.1% in the past 6 months. 820 Morgan Hill DR, Dripping Springs TX 78620 nearby adjusts to $785,298; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group