521 Judy DR, Dripping Springs TX 78620

The estimated value of this property is $568,135, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $312,000 and $322,000. Against 7 similar active listings in DRIPPING SPRINGS HEIGHTS, this price point lands at the most expensive of 7 comparable homes on the market. At 298 sqft smaller than the typical comp, the size difference factors into the valuation. The 1.20 acre lot (larger than the 1.01 acre average) is reflected in the estimate. With 7 similar homes currently listed in DRIPPING SPRINGS HEIGHTS (a buyer's market), competition is a factor to consider. Recent trends in 78620 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 200 Creek RD, Dripping Springs TX 78620, with an adjusted value of $602,150; with a larger floor plan. With 3 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