600 Lost Valley RD, Dripping Springs TX 78620

The estimated value of this property is $817,410, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $432,000 and $442,000. Against 2 similar active listings in LOST VALLEY, this price point lands at the most expensive of 2 comparable homes on the market. At 338 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1994, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in LOST VALLEY includes 2 comparable homes priced from $479,900 to $875,000. Recent trends in 78620 show home values have fallen 8.4% since 6 months ago. The most comparable recent sale is 255 Rocky Creek RD, Dripping Springs TX 78620, with an adjusted value of $748,608; 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