558 Cottontail, Dripping Springs TX 78620

My analysis of 7 comparable properties puts this home's estimated value at $931,227. Based on how the local market is moving, a list price between $903,000 and $959,000 would position this home well. This home's position in the current 78620 market: below the only comparable home currently on the market among comparable properties. The 490 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (5.00 acres versus the area average of 13.64) contributes to the valuation. Buyers in 78620 have 1 comparable options right now, with asking prices between $1,122,000 and $1,122,000. The 6 month price trend in 78620: fallen 5.7%. The best comp here is 2200 Divide PASS, Blanco TX 78606 at an adjusted value of $1,205,397, with a larger floor plan. 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