5329 Bell Springs RD, Dripping Springs TX 78620

After reviewing 7 recent transactions in 78620, I estimate this property's value at $363,350. A competitive list price for this home right now would fall in the $296,000 to $306,000 range. This home's position in the current 78620 market: the most expensive of 2 comparable homes on the market among comparable properties. At 794 sqft smaller than the typical comp, the size difference factors into the valuation. At 52 years older than typical comps, the 1962 build date influences the valuation. 2 similar homes are currently available in 78620, creating a buyer's market for this price range. Prices in 78620 have fallen 6.7% over the last 6 months. A similar home at 132 Barton Valley CIR, Dripping Springs TX 78620 carries an adjusted comparable value of $236,567, providing a strong data point. The comp data here (7 sales in 78620) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus