540 Drifting Wind RUN, Dripping Springs TX 78620

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $981,295. To generate strong buyer interest while maximizing value, I'd price this between $617,000 and $627,000. In the current PRESERVE PH TWO market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 2011 construction puts this home 6 years older than the comp average, a factor in the pricing. At 4.13 acres, the lot is larger than the 1.53 acre comp average, which factors into pricing. The active market in PRESERVE PH TWO includes 7 comparable homes priced from $616,990 to $1,749,000. The trend in 78620 shows prices have fallen 6.6% in the past 6 months. 816 Drifting Wind RUN, Dripping Springs TX 78620 nearby adjusts to $1,110,502; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group