600 Gatlin Creek RD, Dripping Springs TX 78620

The estimated value of this property is $585,306, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $502,000 and $512,000. In the current HAYS market with 1 similar homes available, this price represents below the only comparable home currently on the market. The smaller floor plan (339 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1974, this home is 24 years older than the average comp, which is reflected in the adjustments. Buyers in HAYS have 1 comparable options right now, with asking prices between $499,980 and $499,980. Recent trends in 78620 show home values have fallen 5.4% since 6 months ago. The most comparable recent sale is 200 Oak Springs DR, Dripping Springs TX 78620, with an adjusted value of $592,522; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group