The comparable sales data (7 recent transactions in 78620) supports an estimated value of $1,872,088. The data suggests a list price between $1,310,000 and $2,072,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 0 active listings in 78620. The 1,746 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2003 (5 years older than comps) is factored into the value estimate. Prices in 78620 have fallen 5.7% over the last 6 months. A similar home at 1780 Live Oak Canyon RD, Dripping Springs TX 78620 carries an adjusted comparable value of $645,431, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus