558 Premier Park LOOP, Dripping Springs TX 78620

The market data from 7 similar recent sales in CALITERRA PH FOUR points to a value of approximately $1,297,166. To sell within a reasonable timeframe at fair market value, the $1,031,000 to $1,041,000 range is where I'd position this. Against 3 similar active listings in CALITERRA PH FOUR, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (580 sqft vs the comp average) plays a role in how the market prices it. At 0.28 acres, the lot is smaller than the 0.35 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in CALITERRA PH FOUR, ranging from $925,000 to $1,650,000. In 78620, home values have fallen approximately 6.1% over the past 6 months. One of the strongest data points is 288 Crosswater LN, Dripping Springs TX 78620, adjusting to $1,702,248; a strong comparable. 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