6050 Settlers TRL, Dripping Springs TX 78620

Based on 7 closed sales in SETTLERS POINT, the data points to a value around $1,333,896 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,307,000 to $1,361,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in SETTLERS POINT's current inventory. This home's smaller footprint (120 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 7 minus 5 of the comps had one. 7 similar homes are currently available in SETTLERS POINT, creating a buyer's market for this price range. Market data shows 78620 prices fallen 8.3% over the last half year. The closest comparable sale, 260 Corte Del Cedro DR, Dripping Springs TX 78620 at an adjusted $1,592,494, is with a larger floor plan and no pool. 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