521 Beauchamp, Dripping Springs TX 78620

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $743,362. Pricing this home between $526,000 and $536,000 would put it in the competitive sweet spot for 78620. This pricing would rank the home as below the only comparable home currently on the market in 78620's current inventory. The 537 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.57 acres versus the area average of 5.63) contributes to the valuation. Right now, 1 similar properties are competing for buyers in 78620, listed between $565,000 and $565,000. Market data shows 78620 prices fallen 5.7% over the last half year. The closest comparable sale, 330 Mystic Creek DR, Dripping Springs TX 78620 at an adjusted $553,094, is a strong comparable. With 7 comparable sales in 78620, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group