6001 Settlers TRL, Dripping Springs TX 78620

Based on 7 closed sales in SETTLERS POINT, the data points to a value around $966,757 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $615,000 to $625,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in SETTLERS POINT's current inventory. Being built in 2006 (11 years older than comps) is factored into the value estimate. Lot size matters here: 6.88 acres versus 0.85 for the typical comp. Current inventory shows 7 comparable homes in SETTLERS POINT; a buyer's market based on recent absorption. Market data shows 78620 prices fallen 3% over the last half year. The closest comparable sale, 547 Broken Lance DR, Dripping Springs TX 78620 at an adjusted $875,050, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SETTLERS POINT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group