600 Lost Valley RD, Dripping Springs TX 78620

The estimated value of this property is $691,394, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $572,000 and $582,000. Against 2 similar active listings in LOST VALLEY, this price point lands at the most expensive of 2 comparable homes on the market. The 11.98 acre lot (larger than the 4.24 acre average) is reflected in the estimate. The active market in LOST VALLEY includes 2 comparable homes priced from $596,000 to $979,000. Recent trends in 78620 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 330 Mystic Creek DR, Dripping Springs TX 78620, with an adjusted value of $636,354; 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