600 Oneil Ranch RD, Dripping Springs TX 78620

The estimated value of this property is $625,104, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $731,000 and $794,000. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78620. The 252 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2000, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 2 comparable homes in 78620; a buyer's market based on recent absorption. Recent trends in 78620 show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 708 Post Oak DR, Dripping Springs TX 78620, with an adjusted value of $545,522; a strong comparable. Based on 7 relevant data points in 78620, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX